Panasonic Electric Works eyes 50 pc share in India's wiring devices market by 2030

Panasonic Electric Works India (PEWIN), a subsidiary of Panasonic Life Solutions, aims to capture 50% of India's wiring devices market by 2030. The company plans to expand market share in India over the next five years, with a specific focus on the wiring device business. Additionally, Panasonic targets growth in core areas like switchgear and lighting. The company also plans to make additional investments in its Sri City unit in Andhra Pradesh to expand manufacturing capacity.

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