Panasonic Is Going to Extend Its Business in India

Panasonic Is Going to Extend Its Business in India

The goal of the corporation is to increase the dynamic growth of its research and development divisions locations in the South Asian country and to extend its household appliances business there. All activities are aimed at producing goods that satisfy local demands.

To meet growing market demands the backyard production by the Panasonic Corporation was started in 1990 from rice cookers. TV-sets were second in the queue (from 1996) and air conditioners took the third position, being produced from 2013.

A new plant has been settled on the base of Technopark in Jhajjar (Haryana). Its productive capacity is supposed to equal the value of 500,000 per year. The plant will be launched in November 2017. And in April 2018 consumers in India will be able to purchase stylish energy-saving refrigerators, manufactured on it.

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