Panasonic Life Solutions India Inaugurates First Manufacturing Unit in Electrical Building Materials Segment in Sri City, Andhra Pradesh

Sri City, Andhra Pradesh, India:

  • Industry 4.0 standard manufacturing unit is built to meet the growing infrastructure needs of the country.
  • Factory aims to produce more than 200 million pieces of switches per year in the next 5 years.

Panasonic Life Solutions India, a wholly owned subsidiary of Panasonic Corporation, today announced the opening of its new manufacturing facility in Sri City, Andhra Pradesh. The facility aims to strengthen the company’s presence in the South region and develop market synergies by ensuring prompt material deliveries and customer satisfaction. The “highly automated” unit covers 133,584 square meters. and currently covers a floor area of ​​37,025 square meters. It will be the company’s first power equipment manufacturing base in southern India and seventh in India, followed by facilities in the northern and western regions.

The company will make a total investment of 600Cr INR in two phases, the first phase of 300Cr INR has been completed. Through this facility, the aim is to support infrastructure development, create job opportunities and industrial development in Andhra Pradesh. This will contribute to the company’s broader goal of increasing India’s capacity expansion and carbon neutrality by 2030 to deliver on the promise of a carbon neutral future.

This facility is fully operational and will focus primarily on manufacturing wiring device products covering Roma, Penta Modular and Roma Urban. In addition, the company also intends to add other wiring device products and include switchgear, cable and indoor air quality (IAQ) products over a period. Currently, the production capacity in the first year is 80 million units, and it is expected to increase by 15% year-on-year as sales increase.

In addition, the new facility will benefit local communities as it is expected to create direct and indirect job opportunities by developing a network of local vendors solely for Wiring Devices products by 2025. Furthermore, in line with Aatma’s vision Nirbhar Bharat and Pradhan Mantri Awas Yojana, the company seeks to support overall growth and contribution to the development of the country.

Addressing the occasion, Mr. Kawamoto, Business Unit Manager – Power Components Business, Panasonic Corporation, Japan. added that “India is on a growth trajectory and this growth will need tremendous support from the ECM industry for people to “live their best”. We see this as a tremendous opportunity to make human life simpler, safer and more comfortable, by improving the consumer experience through our technologically advanced, Japanese-compliant products, which will now be produced in this factory in India.

Mr. Kazuki Yao, Managing Director, Panasonic Life Solutions India Pvt. ltd. mentioned, “As a global leader in electrical building materials, providing the most comprehensive electrical portfolio across the entire value chain, India, one of the fastest growing economies in the world, is an important market for PLSIND. Thanks to the inauguration of our factory in Sri City, this will help us to significantly increase our production in India, while contributing to the overall development of the region. We plan to invest in creating connections with consumers, improving the industrial connection and improving its visibility on the production front. We view Andhra Pradesh as a strategic market that has seen an exemplary shift in its industrial culture and believe that now is the time to dive into this region. »

Mr. Rajesh Nandwani, director and Wiring Devices Business Unit Manager, Panasonic Life Solutions India Pvt. ltd. mentioned, “Today we are delighted to announce the inauguration of our manufacturing facility in Sri City, Andhra Pradesh. The facility has been set up to manufacture and produce Wiring Devices category products. The new factory production system includes a state-of-the-art assembly line that will implement Industry 4.0 technologies to support industrial transformation and business excellence, for increased safety and productivity. At PLSIND, we look forward to building more resilient and lasting partnerships by offering the best technologies and building world-class manufacturing facilities in India while supporting the government’s “Atmanirbhar Bharat” mission..”

About Panasonic Life Solutions India

Panasonic Life Solutions India (formerly known as Anchor Electricals) is a wholly owned subsidiary of Panasonic Corporation, Japan and is the leading electrical building materials company with operations across India. It is a trusted brand for consumer electrical products and solutions, offering a wide range of products including: wiring devices (switches, outlets and accessories), wires and cables, switchgear, conduits and boxes, solar modules, inverters and EPC solar solutions, Residential and commercial lighting, IoT and home automation, IAQ (indoor air quality/fans), water heaters, EV infrastructure/chargers, housing solutions such as modular kitchen, wardrobe, electronic toilet seat (ETS) and clothes drying system, KMEW panels, to name a few.

In India, the company has offices in over 30 cities and has over 10,000 professionals. It has seven state-of-the-art manufacturing units in India and manufactures state-of-the-art electrical products that are synonymous with quality. Recognized as one of the top brands in the electrical building materials industry by the Economic Times, Panasonic Life Solutions India has established itself as a market leader and one-stop provider of commercial, industrial and home solutions in the fields electric, renewable and domestic. housing solutions segment.

Click here for media contact details

Submit your press release