OSAKA —
Panasonic Corp is planning to consolidate its production of consumer electronics and other products at five locations in India into a new plant to be established in the suburbs of New Delhi in a bid to boost its competitiveness in the growing Indian market, company sources said Friday. By streamlining and consolidating production as well as introducing strategic, low-cost home appliances, Panasonic aims to increase its sales in India in the business year ending in 2013 to 200 billion yen.
The company expects the new plant, which is targeted to begin operation in 2012, to be its largest manufacturing base in India in terms of total land area. Panasonic manufactures products such as liquid crystal display televisions, one of its core lines, as well as dry cell batteries and rice cookers, at its existing plants.
http://www.japantoday.com/category/business/view/panasonic-to-consolidate-indian-production
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