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Panasonic Moots Refrigerator Plant in India
10 September 2016

Japanese electronics giant Panasonic plans to make refrigerators in India to tap into the huge market in the country. The company’s India unit plans to invest Rs.250 crore towards setting up a manufacturing plant for refrigerators. Panasonic India is currently importing refrigerators from Thailand. The company is evaluating Jhajjar in Haryana and several locations in Maharashtra for the refrigerator plant, which will be functional in two years. Currently, Panasonic manufactures air conditioners, televisions, kitchen appliances and welding systems in the country. The market for refrigerators is about 11 million.

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