Andhra Pradesh, April 21, 2022: Panasonic Life Solutions India, a wholly owned subsidiary of Panasonic Corporation, today announced the opening of its new manufacturing facility in Sri City, Andhra Pradesh. The facility aims to strengthen company’s presence in the Southern Region and develop market synergies by providing swift material deliveries and customer delight. The ‘highly automated’ unit is spread over .This will be the company’s first electrical equipment manufacturing base in Southern India and seventh in India followed by facilities in the North and West regions.
Through this facility, the aim is to support the infrastructure development, create employment opportunities and industrial development in Andhra Pradesh. It will contribute to the company’s larger goal of increasing capacity expansion in India and carbon neutrality by 2030 to deliver on the promise of carbon neutral future.
This facility is fully operational and will primarily focus on manufacturing Wiring Devices products covering Roma, Penta Modular and Roma Urban. Additionally, the company further intends to add other products from the Wiring Devices and include Switchgear, Wires, and Indoor Air Quality (IAQ) products over a period.
Besides, the new facility will benefit the local communities as it is expected to create direct and indirect employment opportunities by developing a local supplier network only for Wiring Devices products by FY2025. Further, aligned to the vision of Aatma Nirbhar Bharat and Pradhan Mantri Awas Yojana, company looks to support an all-inclusive growth and contribution of the development of the country.
Addressing the occasion, Mr. Kawamoto, Business Unit Head – Power Component Business, Panasonic Corporation, Japan. added that, “India is on a growth trajectory and this growth will
need tremendous support of the ECM industry for people to “Live their Best”. We see this as a tremendous opportunity for making human life simpler, safer and comfortable, by enhancing the
consumer experience through our technologically advanced products, with Japanese standards, which will now be manufactured at this facility in India.”
Mr. Kazuki Yao, Managing Director, Panasonic Life Solutions India Pvt. Ltd. said, “As a global leader in electrical construction materials, providing the most comprehensive electrical portfolio
across the entire value chain, India being one of the fastest-growing economies in the world is an important market for PLSIND. Through the inauguration of our facility in Sri city, it will help us
significantly scale up our productions in India, while contributing to the overall development of the region. We plan to invest in building consumer connections, enhancing the industrial connect, and improving its visibility on the production front. We see Andhra Pradesh as a strategic market that has witnessed an exemplar shift in its industrial culture and believe it’s an accurate time to delve into this region.”
Mr. Rajesh Nandwani, Director and Business Unit Head of Wiring Devices, Panasonic Life Solutions India Pvt. Ltd. said, “Today, we are delighted to announce the inauguration of our manufacturing facility in Sri City, Andhra Pradesh. The facility has been set-up to manufacture and produce products from the Wiring Devices category. The new factory production system includes a state-of-the-art assembly line that will manifest Industry 4.0 technologies to support industrial transformation and business excellence, for enhanced safety and productivity. At PLSIND, we look forward towards building more resilient and sustainable partnerships by offering the best technologies and building world class manufacturing facilities in India while supporting the Government's ‘Atmanirbhar Bharat’ mission.”
About Panasonic Life Solutions India:
Panasonic Life Solutions India (formerly known as Anchor Electricals) is a wholly owned subsidiary of Panasonic Corporation, Japan and is the leading Electrical Construction Material company with a presence across India. It is a trusted brand for consumer electrical products and solutions, offering an extensive range of products that include: Wiring Devices (Switch, Socket and Accessories), Wires & Cables, Switchgear, Conduit Pipes and boxes, Solar Modules, Inverters & Solar EPC Solutions, Residential and Commercial Lighting, IoT & Home Automation, IAQ (Indoor Air Quality / Fans), Water Heaters, EV Infrastructure/Chargers, Housing Solutions like Modular Kitchen, Wardrobe, Electronic Toilet Seat (ETS) and Clothes Drying System, KMEW Boards, to name a few.
In India, the company having offices in more than 35 cities and has over 10,000 professionals. It has seven state-of-the-art manufacturing units in India and is manufacturing cutting-edge electrical products, synonymous with quality. Recognised as one of the Best Brands in the Electrical Construction Material industry by the Economic Times, Panasonic Life Solutions India has established itself as a market leader and one-stop solution provider of commercial, industrial, and home solutions in the electrical, renewable, and housing solutions segment.
For more information, please contact:
Riya Sarda +91 9820782508 | riya.sarda@mslgroup.com
Prashant Tandon +91 9886160076 | prashant.tandon@in.panasonic.com