The manufacturing plant, which is spread over 1,33,584 sq m, is the seventh facility of Panasonic Life Solutions in India. With this plant, the company will focus on manufacturing wiring devices products covering Roma, Penta Modular, and Roma Urban.
April 27, 2022
Panasonic Life Solutions India (PLSIND), a subsidiary of Japan-headquartered Panasonic Corporation, has set up a new manufacturing facility in Sri City, Andhra Pradesh. With the manufacturing unit for electrical construction materials, the company is planning to strengthen its reach in the southern region of the country.
The new production unit is spread over 1,33,584 sq m and covers a floor area of 37,025 sq m. This is the first electrical equipment manufacturing facility of the company in southern India and seventh overall in India.
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As per the statement of the company, a total investment of INR 600 crore has been planned, and in this, the company has completed the first phase of investment of INR 300 crore. In addition, the manufacturing facility would also play a key role in achieving capacity expansion in India and carbon neutrality by 2030, according to Panasonic.
This facility is fully operational and will primarily focus on manufacturing wiring devices products covering Roma, Penta Modular, and Roma Urban. Additionally, the company also intends to subsequently include other products from the wiring devices and include switchgear, wires, and indoor air quality (IAQ) products.
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.”
Mr. Rajesh Nandwani, Director and Business Unit Head of Wiring Devices, Panasonic Life Solutions India Pvt. Ltd, said, “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.”
