14 December 2012

Panasonic India Inaugurates New Manufacturing Unit in Jhajjar, Haryana

- Panasonic’s first ‘eco ideas’ Factory in India
- Investment of 200 million USD from 2010 to 2015
- Employ 1,500 people in first phase and over 2,000 in second, by 2018

Jhajjar, Haryana, India - 12 December 2012 (Business Wire India) - Panasonic India announced the expansion of its presence in India with the opening of the first model ‘eco ideas’ Factory in India – the company’s latest initiative to showcase best practices in sustainable manufacturing and raise level of eco consciousness in the community through outreach activities. With the opening of this manufacturing unit in India, Panasonic reiterated how localization is the key for the company’s growth and its commitment in India.

The new Panasonic India Group facility, located at Dadri Toi in Jhajjar Haryana, will implement a wide range of eco initiatives, including development of technologies to support a zero-carbon lifestyle and the adoption of sustainable business practices across the entire company. 

The construction of the manufacturing unit commenced in April 2011 and has an initial manufacturing capacity of over 1,000,000 sets of air conditioners, 400,000 sets of washing machines and 25,000 sets of welding and cutting machines per annum. These environmentally friendly products are catered to the domestic market and the manufacturing unit will be providing employment to approximately 3,500 staff by 2018. Panasonic shall focus on making India a manufacturing hub and will export products from India to other markets like Middle East and Africa region. The percentage of export of products manufactured at Technopark will be 5% by 2013 and 20% by 2015. 

Mr. Daizo Ito, President, Panasonic India commented, “Panasonic has been known for making everyday life simpler, more convenient and more energy efficient. Today’s opening of this factory will fuel our first priority goal in India of doubling Panasonic’s revenue in fiscal 2012-2013. We plan to achieve this by focusing on three core strategies: pursuing our company vision of becoming the No. 1 Green Innovation Company in the Electronics Industry by 2018, integrating Indian expertise into our product design and manufacturing processes, and increasing focus on rural development to ensure that Panasonic India performs as a responsible corporate entity contributing to the equitable growth of the entire Indian society.”

Six Panasonic ‘eco ideas’ Factories have been set up in the Asia Pacific region this far. In addition to Panasonic India’s Technopark, Panasonic Asia Pacific has established Panasonic Vietnam Group at Thang Long Industrial Park in Vietnam, Refrigeration Devices Company in Singapore, Home Appliances Company in Thailand, AVC (Audio Visual Components) Networks Company in Malaysia and Lighting Company in Indonesia. 

Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products for three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. 

Panasonic makes available in India its wide range of consumer electronics and home appliances. The company has a workforce of about 12,650 in India and an estimated turnover of Rs 10,000 crores in FY 2012. 

Source: Panasonic India