Panasonic aims to double its solar business, boost exports
The company is set to invest ₹300 crore over 3-4 years to expand its Sri City manufacturing unit in Andhra Pradesh
Source: livemint.com
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Andhra Pradesh: Panasonic to invest another Rs 300 cr in Andhra facility by 2026, aims higher exports from India
Panasonic Electric Works India (PEWIN) plans to invest an additional Rs 300 crore to expand its unit in Sri City, Andhra Pradesh. The company aims to use the facility for exports, targeting the Middle East and African markets. PEWIN's overall production capacity is set to increase from 62 crore pieces per year to 70 crore by 2025 and 100 crore by 2030.
Source: indiatimes.com
Panasonic to invest another Rs 300 crore in Andhra facility by 2026
Panasonic Electric Works India (PEWIN) will invest another Rs 300 crore to increase capacity at its unit in Sri City, Andhra Pradesh, company officials said on Friday. The Japanese company is looking to use the facility for exports and will primarily target the Middle East and African markets,
Source: dailypioneer.com
Panasonic arm will focus on energy tech
Amit Barve, head of solar business, Panasonic Life Solutions India, said it will soon launch its first B2C product, a solar power kit for residential customers
Source: livemint.com