Panasonic Jhajjar plant to start production by May
The company had originally set a target of rolling out production from this facility by 2012 but it seems that the facility will be launched by April-May this year only. The new plant, to come up over 70 acres, will be mainly for manufacturing home appliances (refrigerator, AC, welding machines, washing machine etc) and with its commissioning Panasonic India will also nearly double its workforce to 20,000 by 2012. Panasonic is investing US $ 300 million (around Rs 1,000 crore) in India to set up an R&D and manufacturing facility (as Panasonic Technopark) and on marketing initiatives.
Panasonic in India registered a turnover of around Rs 3,200 crore in FY 2010 and is on track to generate sales revenue of Rs 9,000 crore by 2012 in India. The company at present has an assembling unit for television in Noida.
Besides this Panasonic has undertaken a nationwide environment sensitisation programme – Ecos’kool. Under the programme the company plans to create awareness amongst the children about global warming over 100 schools in seven cities of Delhi, Mumbai, Ahmedabad, Bangalore, Chandigarh, Chennai and Kolkata.
Manish Sharma, director marketing, Panasonic India told FE, “So far we have covered 66 schools under the initiative programme. The activity began in September last year and the first phase will be over by April this year. The plan for the second phase is being readied under