Panasonic Products
Panasonic Electric eyes 50% share in India's wiring devices mkt by 2030
Panasonic Electric Works India (PEWIN) -- a subsidiary of Panasonic Life Solutions -- aims to capture 50 per cent market share of India's wiring devices market by 2030, a top company official said. "Over the next five years, our focus in India will be on significantly expanding our market share," Toshinobu Kawasaki, Joint Managing Director, Panasonic Electric Works India, told PTI. "Specifically, by 2030, we aim to capture a 50 per cent market share in the wiring device business," he said. "We are also targeting substantial growth in our core business areas, such as switchgear and lighting. This ambitious plan reflects our commitment to strengthening our position in the market and continuing to deliver quality and innovation in these key segments," Kawasaki said. Wiring devices include products such as switches, plugs, lighting control devices, time switches, and provide connection points for outlets, lighting, and appliances to save energy and manage power. Asked if the company i
 "Panasonic Electric eyes 50% share in India's wiring devices mkt by 2030")
Panasonic to set up manufacturing unit in AP, begin production from 2021
The manufacturing unit will be fourth such Panasonic facility in the country and is scheduled to begin production in Autumn 2021
 "Panasonic to set up manufacturing unit in AP, begin production from 2021")
Panasonic to set up manufacturing unit in AP, begin production from 2021
The manufacturing unit will be fourth such Panasonic facility in the country and is scheduled to begin production in Autumn 2021
TCS, Tata Elxsi to work on Panasonic products in India
Japanese consumer electronics major Panasonic has engaged with Indian IT and engineering services providers, Tata Consultancy Services and Tata Elxsi, to develop smart solutions and products for its customers in India and other neighbouring countries. The company has identified India as its third major research and development centre after Japan and the US. At nearly Rs 9600 crore revenue from Indian market last year, the country contributes 2 per cent of Panasonic Corporation's overall turnover. Panasonic will invest Rs. 240 crore over a five-year period for new developments in areas such as connected home appliances, mobility, energy, storage solution and security. "This investment will be approximately 10 per cent of our revenue expectations from the new businesses in India, South Asia, Middle East and Africa," said Manish Sharma, president and chief executive officer, Panasonic India and South Asia. As part of its research and development (R&D) activities in India through ...
 "TCS, Tata Elxsi to work on Panasonic products in India")
