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Panasonic India

Panasonic Life Solutions aims to achieve14% revenue growth in FY24

Appliance and consumer electronics maker Panasonic Life Solutions aims to achieve a 14 per cent revenue growth in FY24, led by its large appliances, according to the company's chairman, India and South Asia, Manish Sharma. The company is expecting to close the current financial year with a revenue of Rs 11,000 crore and double-digit growth, he said. Besides, the company is also expanding its product portfolio in large appliances like refrigerators, room air conditioners and some other segments such as cameras. "Overall we are doing well. We are having double-digit growth in terms of revenue. We might end this financial year close to Rs 11,000 crore," said Sharma. This is putting all the three verticals of Panasonic in India -- appliances, B2B and switch and wire businesses (Anchor) -- besides other small entities, he said. When asked about the next fiscal, Sharma said: "We are again targeting double-digit growth between 13 per cent and 14 per cent. This would largely be led by vo

Panasonic Life Solutions aims to achieve14% revenue growth in FY24
Updated On : 20 Feb 2023 | 11:04 PM IST

Indian companies changing rules to call employees back to office

Apart from Indian companies, Apple Inc has asked its employees to attend office three times a week. Employees have been asked to attend office on Tuesdays, Thursdays and a day depending upon the team

Indian companies changing rules to call employees back to office
Updated On : 26 Aug 2022 | 2:38 PM IST

Panasonic launches its first fully rugged laptop TOUGHBOOK 40 in India

Called 'TOUGHBOOK 40', the device offers 'backlit power button and keyboard icons' for easier night viewing in low-light environments

Panasonic launches its first fully rugged laptop TOUGHBOOK 40 in India
Updated On : 13 Jul 2022 | 9:57 AM IST

Panasonic India expands ESL and Digital SignEdge business

These tech-enabled display solutions have been designed to increase operational efficiencies for retailers and enterprises

Panasonic India expands ESL and Digital SignEdge business
Updated On : 30 Nov 2021 | 9:30 PM IST

Panasonic India aims 10% growth, top-line of Rs 9,600 crore in FY22

The company is already back to the pre-pandemic level in terms of revenue and volume

Panasonic India aims 10% growth, top-line of Rs 9,600 crore in FY22
Updated On : 24 Nov 2021 | 9:59 PM IST

SriCity emerges as prime manufacturing location, attract Rs 2236 cr in 2019

Ahead of 2020, eleven companies have kicked off the construction of their plants, while six others entered into the operational phase

SriCity emerges as prime manufacturing location, attract Rs 2236 cr in 2019
Updated On : 29 Dec 2019 | 5:58 PM IST

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
Updated On : 26 Dec 2019 | 5:18 PM IST

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

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Updated On : 26 Dec 2019 | 4:37 PM IST

Panasonic to invest Rs 295 cr in new electrical equipment unit at Sri City

The plant will be the firm's fourth producer of electrical equipment material in the country, and the first in the booming southern market

Panasonic to invest Rs 295 cr in new electrical equipment unit at Sri City
Updated On : 25 Dec 2019 | 10:04 PM IST

Panasonic India eyes Rs 700 cr revenue from energy business by 2021

The company has divided its energy space business into two segments -- energy storage and mobility solutions

Panasonic India eyes Rs 700 cr revenue from energy business by 2021
Updated On : 15 May 2019 | 9:28 PM IST

Panasonic India to launch facial recognition tech for Indian market by 2020

At a global level, 77% of Panasonic's revenues comes from the B2B segment and in India, it is looking at pushing the contribution of B2B revenues to overall revenues by 50%

Panasonic India to launch facial recognition tech for Indian market by 2020
Updated On : 11 Apr 2019 | 5:15 PM IST

Panasonic India 'on track' to achieve 20% growth in FY17

For mobile phone business, the company is eyeing revenue of Rs 2,000 crore this year, up 25% over last year

Panasonic India 'on track' to achieve 20% growth in FY17
Updated On : 22 Nov 2016 | 3:43 PM IST

Panasonic conducts feasibility study for fridge plant in India

Company is also evaluating other locations as part of the feasibility study for the refrigerator plant

Panasonic conducts feasibility study for fridge plant in India
Updated On : 13 Oct 2016 | 8:42 PM IST

Artificially intelligent smartphones in India by March 2017: Panasonic

Artificially intelligent smartphones will be able to offer solutions and suggestions based on user behaviour

Artificially intelligent smartphones in India by March 2017: Panasonic
Updated On : 05 Jul 2016 | 1:06 AM IST

Panasonic eyes Rs 2,500-cr revenue from mobile phones this yr

The Japanese company, whose revenues from mobile phones stood at Rs 1,200 crore last year, plans to launch about 25 smartphones this year

Panasonic eyes Rs 2,500-cr revenue from mobile phones this yr
Updated On : 29 May 2016 | 11:52 AM IST

Panasonic & AES India sign agreement for Energy Storage Solutions

A 10 Mw energy storage array at Panasonic's Technopark manufacturing facility in Jhajjar, Haryana.

Panasonic & AES India sign agreement for Energy Storage Solutions
Updated On : 18 Apr 2016 | 6:03 PM IST