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Panasonic India aims 14% revenue growth in FY24; to expand product portfolio

The company is expecting this current financial year to end with a revenue of Rs 11,000 crore with double-digit growth New Delhi: Appliance and consumer electronics maker Panasonic Life Solutions aims to achieve a 14 per cent revenue growth in FY24,...

Appliance sales spurt 30 pc in Navratri season; e-commerce contribution rises

Appliances and consumer electronics companies have reported high double-digit growth in sales during this Navratri season, with e-commerce platforms seeing good traction as shoppers opt for contactless buying. According to a PTI report: Leading manufacturers like Sony, LG and Panasonic...

Appliances, consumer electronics industry hopeful of robust sales this festive season

The appliances and consumer electronics industry is expecting double-digit growth in sales in the upcoming festive season, which will be further supported by absence of domestic helps and people working from home, according to industry body CEAMA. According to a...

Panasonic India resumes sales in the country

Panasonic India, a diversified technology company, announced that it has resumed sale of its products where allowed as per Govt guidelines. Starting this week, all Panasonic products are available on online platforms - Amazon, Flipkart and offline stores in...

Panasonic appoints Vivek Sharma new MD for Indian electricals business

Anchor Electricals Private Limited, a wholly owned subsidiary of Panasonic Corporation has announced the appointment of Vivek Sharma as the company’s new Managing Director to spearhead its electricals business. In his new role, Sharma will be responsible for driving the...

Panasonic to consider extending portfolio under Sanyo brand

Consumer electronics maker Panasonic is considering extending product portfolio under its Sanyo brand by introducing air conditioners in the coming summer season, a top company official said. According to a PTI report: Panasonic is pushing Sanyo as a 'niche brand'...

Budget Special: Home appliance makers bat for manufacturing incentives

Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the Government to lower taxes, give incentives to local manufacturing and increase customs duty on imports. According to a PTI report: Besides, the ACE (Appliances...

Consumer appliances makers welcome import duty hike

Consumer electronics and appliance makers have welcomed Government's decision to hike import duty on electronics items like smartphones and television, saying the move will boost domestic manufacturing industry and give a push to the Make in India initiative. According to...

Panasonic eyes 5 per cent share in Indian mobile market

Panasonic aims to capture at least five per cent share in India's burgeoning mobile phone market in the next three years as it strengthens the product portfolio, a top company official said. According to a PTI report: The Japanese tech...

Air purifiers companies eyes doubling sales post Diwali

In the wake of rising pollution after Diwali, air purifier makers are looking at doubling the sales of such products, especially in the northern region. According to a PTI report: Although, the makers such as Eureka Forbes, Panasonic, Sharp, Blueair...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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