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.
Smart Wiring Devices Market to Reach $24 8 Billion, Globally, by 2032 at 11 9% CAGR: Allied Market Research finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The "Malaysia Wiring Devices Market Outlook (2021-2027): Market Forecast By Types (Switches, Sockets, Wire Connectors & Others), By Verticals.