Panasonic Powers Up with Daman Facility Opening

Panasonic Life Solutions has inaugurated its latest manufacturing facility located in Daman, within the Union territory of Daman and Diu. This strategic move aligns with the company's ambitious growth trajectory. Situated amidst a robust network of essential suppliers, the facility is poised to fortify Panasonic's existing operations.

Initially focusing on the production of lighting fixtures, including downlights, the facility's manufacturing capacity for the inaugural year stands at an impressive 1.5 lakh units. This marks the beginning of a broader expansion plan encompassing various product lines in the future. Panasonic's objective with this facility is to accelerate domestic manufacturing, bolstering its foothold in the Indian market.

The investment of Rs 1.5 crore underscores Panasonic's commitment to enhancing its manufacturing capabilities within India. By channeling resources into this endeavor, the company aims to emerge as a frontrunner in the lighting segment by 2030. This ambition coincides with anticipated industry shifts towards advanced products.

Moreover, the facility underscores Panasonic's dedication to delivering innovative solutions. Customers can expect products crafted with a blend of high-quality, efficient, and eco-friendly Indian and Japanese technologies. This commitment reinforces Panasonic's position as a pioneer in providing unique and sustainable lighting solutions to the market.

News by Rahul Yelligetti