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.
Domestic Manufacturing: The government saw some large deals being finalised with companies across the globe in lucrative industries such as electronics, automobiles and semiconductor manufacturing.
Panasonic Electric Works Aims To Make India Global Export Hub, Contribute 10% Exports By 2030 outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Panasonic unit aims to triple revenue to over ₹15,500 crore by 2030 thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.