Panasonic to start the local production of refrigerators and strengthen its R&D functions in India by localizing R&D, production and sales activities to develop products to the local market needs.
Panasonic has already started local production with rice cookers from 1990, TVs from 1996 and air conditioners from 2013 to address the growing demand in the market. The new factory is set up at Technopark in Jhajjar, Haryana. It will have an annual production capacity of approx. 500,000 units of refrigerators and will be operational starting November 2017. The refrigerators made in India with unique features such as energy-saving, long-lasting freshness and design. Sales for the same will commence from April 2018 in India.
Panasonic to also establish the design division in Bangalore in April 2017 in partnership with Tata Elxsi. Through this division it will develop technologies such as artificial intelligence and robotics applicable to appliance products not only for India but also for Japan and global markets.