LMW
LMW

Do you want to advertise here? Contact us

Imtex
Imtex

Do you want to advertise here? Contact us

Panasonic expands manufacturing with new lighting facility in Daman
.

Panasonic expands manufacturing with new lighting facility in Daman

By February 13, 2024 11:43 am IST

Panasonic invests INR 15 Million in India’s first lighting manufacturing facility, incorporating Japanese technology for quality production.

Panasonic Life Solutions India opened a new manufacturing unit in Daman, Gujarat. The new dedicated facility will enhance the current manufacturing capabilities as well as PEWIN’s lighting manufacturing capacity in India. The company has invested a total of 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 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 manufacturing expertise of electrical materials to allow the production of lighting fixtures with superior quality and speed.

Speaking on this new initiative, 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”.

Advertising

OEM Android App

Your future advertising space? Our media data

Adding to the same, 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”.

The newly established facility will initially manufacture lighting fixtures such as downlights before eventually expanding to other product lines. Currently, the manufacturing capacity in the first year is 1.5 lakh units, and it is planned to expand by 115% for the whole Lighting industry in FY2024.

Panasonic Life Solutions India (PEWIN) has a plan to grow their lighting business by 2030, with the goal of being India’s leading lighting provider. The mission is to help people live better lives and develop India’s future growth potential. They will present their consumers unique solutions and products (made with high-quality, high-efficiency, and eco-friendly Indian and Japanese technologies), primarily in the commercial and professional markets. The company aims to carry out strategic business efforts between FY2023 and FY2024 to accomplish their goals.

­­­­­­­­­­­­­­­­

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags: Panasonic
Autodesk
Autodesk
OEM Update QR Code
OEM Update QR Code

Events

Logimat India
Logimat India
Metal Forming Expo
Metal Forming Expo
ChemProTech India 2025
ChemProTech India 2025
Aerodef India Manufacturing Expo
Aerodef India Manufacturing Expo

eMagazine December 2024

eMagazine December 2024
eMagazine December 2024

Do you want to advertise here? Contact us

Our Sponsors

Bluestar
Bluestar
Pragati Gears
Pragati Gears
Pilz India
Pilz India
Carl Zeiss India
Carl Zeiss India
STMCNC
STMCNC
Testo-India
Testo-India
Maco-c
Maco-c
Andreas
Andreas
Vulcan Rubber
Vulcan Rubber
SCHMALZ
SCHMALZ
Inovance Technology
Inovance Technology
Sun Lub Technologies
Sun Lub Technologies
Mallcom
Mallcom
igus
igus
Harting India
Harting India
Delta Electric
Delta Electric
Kemppi india
Kemppi india
Kumbhojkar plastic moulders
Kumbhojkar plastic moulders
Ravik Engineers Private Limited
Ravik Engineers Private Limited
Sdtronics
Sdtronics
Thakoor Maschinen
Thakoor Maschinen
Wago Pvt Ltd
Wago Pvt Ltd
Studer
Studer
Urgo Capital
Urgo Capital
Prostar
Prostar
Dosatron
Dosatron
ENS Oils & Lubricants
ENS Oils & Lubricants
Fagor Automation
Fagor Automation
Super Slides
Super Slides
Quality Spares Center
Quality Spares Center
Endress Hauser
Endress Hauser
Precihole
Precihole
Magnets India
Magnets India
Reishauer
Reishauer
ACE Micromatic Group
ACE Micromatic Group
Hosabettu Heavy Machinery LLP
Hosabettu Heavy Machinery LLP
Kistler
Kistler
Triveni Turbines
Triveni Turbines
Profectus
Profectus
Eplan
Eplan
Meiban Engg
Meiban Engg
Grob Group
Grob Group
Silasers
Silasers
Design Cell
Design Cell
Smart Pm
Smart Pm
Ogpnet
Ogpnet
Nicolas
Nicolas
Blum Novotest
Blum Novotest
Ctek
Ctek
Mastercam India
Mastercam India