Panasonic runs a group of Indian companies that make and sell air conditioners, televisions, electrical wiring devices, batteries, lighting and factory automation equipment. Its largest local business is Panasonic Life Solutions India, built on the Anchor electricals brand acquired in 2007. The group also runs an innovation centre in Bengaluru that develops products and software for Indian and global markets.
Ownership and structure
Panasonic operates in India through wholly owned subsidiaries led by Panasonic Life Solutions India Private Limited, which absorbed Anchor Electricals after Panasonic acquired it in 2007.
What India does for Panasonic
India is a major market and manufacturing base for Panasonic's electrical products, air conditioners and televisions, supported by an innovation centre in Bengaluru.
Investment and deals
Panasonic Life Solutions India planned a Rs 600 crore investment in a wiring devices and electrical products plant at Sri City, where ground was broken in January 2021. Panasonic has also invested more than Rs 250 crore in its India Innovation Centre in Bengaluru.
Panasonic's India business
Panasonic opened its first Indian dry cell battery plant on August 15, 1972. The group headquarters sits on Golf Course Extension Road in Gurugram.
Panasonic Life Solutions India broke ground on a Rs 600 crore plant for wiring devices and electrical products at Sri City in Andhra Pradesh in January 2021. Panasonic invested more than Rs 250 crore in its India Innovation Centre in Bengaluru.
In 2025 Panasonic stopped making refrigerators and washing machines in India while continuing in air conditioners and televisions.
Key moves in India
- 1972: Panasonic opened its first Indian dry cell battery plant on August 15.
- 1988: Panasonic set up a small appliances company in Chennai.
- 2007: Panasonic acquired Anchor Electricals, the Indian wiring devices maker.
- 2018: Refrigerator production started at the Jhajjar plant in Haryana.
- 2021: Panasonic Life Solutions India broke ground on a Rs 600 crore plant at Sri City in January.
- 2025: Panasonic stopped making refrigerators and washing machines in India while keeping its air conditioner and television businesses.
Where it operates
Panasonic runs its India business from Gurugram. It also has a presence in Mumbai, Jhajjar, Chennai, Bengaluru, Pithampur, Daman, Haridwar and Sri City.
At a glance
- Home country: Japan
- Global headquarters: Osaka
- Sector: Manufacturing & Supply Chains
- Business: Electronics
- Role of India: Sales market, Manufacturing base, R&D and engineering hub
- India entity: Panasonic Life Solutions India Private Limited
- India head office: Gurugram
- India offices: Gurugram, Mumbai, Jhajjar, Chennai, Bengaluru, Pithampur, Daman, Haridwar, Sri City
- India headcount: Not available
- In India since: 1972
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