The number of companies wanting to be classified as essential products’ firms is growing by the day. After manufacturers of smartphones, laptops and desktops petitioned state governments to be tagged as essential category, home appliance makers feel they should not be left out.
“Products such as refrigerators, washing machines and television sets are there in almost every urban household today. Unlike staples, which are basic needs, these products are comfort needs. That point is taken. However, home appliances are needed for everyday existence and are essential products in that sense,” said Kamal Nandi, business head and executive vice-president, Godrej Appliances.
A combination of localised lockdowns, closure of non-essential retail stores, and challenges emerging from low industrial oxygen supplies has forced home appliance makers to temporarily halt manufacturing activity.
Japanese major Panasonic will shut its Jhajjar plant in Haryana for a week beginning Monday, as demand suffers on account of containment measures.
“There was a positive momentum in the market between January and March, as coronavirus cases were low and people were stepping out to buy. As the cases picked up in April, localised lockdowns have grown, hurting demand. At the same time, the safety of our people matters. We have, therefore, taken the decision to temporarily halt operations at our Jhajjar plant. This is for a week,” Manish Sharma, president and chief executive officer of Panasonic India and South Asia, said.
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Panasonic India launches new Spatial Solutions Division
It will focus on residential, commercial and public infrastructure segments and offer Panasonicâs solution architecture to white label manufacturers. Dinesh Aggarwal, Joint MD, Panasonic Life Solutions, will lead the new division in addition to his current responsibilities Delhi, April 22, 2021
Panasonic India, a diversified technology company, has announced the launch of the new Spatial Solutions Division as part of its strategic expansion for Smart Home Solutions.
To lead the new entity, Panasonic India also announced a management promotion within the company and appointed Dinesh Aggarwal, Joint Managing Director, Panasonic Life Solutions, to take on additional responsibilities. In his new role, Aggarwal will directly report to Manish Sharma, President and CEO, Panasonic India and South Asia.
Panasonic India launches new smart home division
By IANS |
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Panasonic India formulates a New, Strategic Business Division - Spatial Solutions. Image Source: IANS News
New Delhi, April 21 : Panasonic India on Wednesday launched a new Spatial Solutions division as part of its strategic expansion for smart home solutions.
Spatial Solutions will operate as a separate division that will combine the expertise of consumer appliances and life solutions to accelerate smart home living solutions including Miraie, Panasonic s Internet of Things and Artificial Intelligence (AI)-enabled connected living platform.
Dinesh Aggarwal will lead the new entity as Joint Managing Director, Panasonic Life Solutions.