Panasonic Life Solutions India (PEWIN) has opened a new manufacturing unit in Daman, Gujarat, India. The new dedicated facility will enhance the current manufacturing capabilities as well as PEWIN’s lighting manufacturing capacity in India.
The company has invested INR 15 million which will facilitate in-house manufacturing of lighting products, keeping in line with the company’s growth plans. With this investment and a strategic growth plan PEWIN aims to lead the lighting segment by 2030.
Speaking on this new launch, Kuniyasu Shimaoka, Managing Director – Global Lighting business, Panasonic Corporation, said, “We see enormous potential in India especially with regards to the manufacturing industry. The investment is for INR 15 million is set with the objective of expanding our business in India. Keeping in mind the 10th anniversary of Make in India, Panasonic (PEWIN) aims to start manufacturing in Daman to speed up inland manufacturing, while continuing business with Indian suppliers.”
The new manufacturing facility is strategically placed in the North and West region to cater to the ever-growing demand for lighting products. By establishing a global standard for technology and quality management systems, India can leverage its pre-existing electrical materials manufacturing expertise to allow lighting fixtures to be produced with superior quality and speed.
Masato Miyamaru, Director – Lighting business, PEWIN said,” Panasonic aims to become the leading player in the lighting segment in the Indian market by FY2030. In terms of attracting more clients and projects across India, we aim to significantly ramp up operations. The geographic location of the facility in Daman adds strength to our existing operations where we already have a robust network of essential suppliers. Our main intent to have internal production is to share Panasonic’s quality management experience with our suppliers.”
Tomohisa Oishi, Senior General Manager – Business & Strategic planning and Manufacturing head – Lighting Business, PEWIN said, “The primary objective is to expand our manufacturing lines in India to boost our business, as the Indian lighting industry is anticipated to undergo a shift towards becoming a more selective market for superior products. Panasonic strives to satisfy the needs and demands of both our customers and market while aiming to be ahead of the curve. For us, internal manufacturing is one of the most crucial aspects.”