Panasonic aims to make India a global manufacturing hub

Posted on 1 Oct 2015 by Aiden Burgess

Panasonic wants India to be a global manufacturing hub to help it can achieve a sales target of $4.8bn in the country by 2018.

The Japanese electronics manufacturer wants its Panasonic India brand to focus on business-to-business and business-to-government segments to help reach this multi-billion dollar revenue target. Panasonic President, Kazuhiro Tsuga plans to achieve the ambitious revenue target of $4.8bn ($10tr yen, £3.07bn) in the financial year ending March 2019. Tsuga, was appointed to restructure the global operations of…

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