Promonique
Promonique
EPR Subscription Banner
EPR Subscription Banner
Promonique Banner
Promonique Banner
Home » News » PEWIN launches new manufacturing unit in Daman

PEWIN launches new manufacturing unit in Daman

By EPR Magazine Editorial February 13, 2024 3:56 pm

PEWIN launches new manufacturing unit in Daman
.

Panasonic Life Solutions India invested a total of ₹15 million to facilitate in-house manufacturing of lighting products.

Panasonic Life Solutions India (PEWIN), one of the largest manufacturers of electrical construction materials (ECM) in the country, has 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.

Advertising

EPR Android App Banner

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”.

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 percent 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: Lighting
Power Talk
Webinar
Webinar
Android App
Android App
EPR EMagazine November 2024
eMagazine November 2024
eMagazine November 2024

Events

Auto EV India
Auto EV India
Global Sustainability Expo & Conference
Global Sustainability Expo & Conference
Elecxpo
Elecxpo
India Smart Utility Week
India Smart Utility Week
RenewX
RenewX

Our Sponsors

CPRI
CPRI
Wika
Wika
Mahindra Powerol
Mahindra Powerol
NangalaWala
NangalaWala
Ramelex
Ramelex
Ambionics India
Ambionics India
Vasundhara Earthing
Vasundhara Earthing
Voltaredox
Voltaredox
Jayashree
Jayashree
Rayzon Solar Pvt Ltd
Rayzon Solar Pvt Ltd
Om Technical Solutions
Om Technical Solutions
Akansha
Akansha
NBC Bearings
NBC Bearings
Harting
Harting
Doble Engineering
Doble Engineering
Kusam Meco
Kusam Meco
Nirmal
Nirmal
Apar Industries
Apar Industries
Aramco Asia
Aramco Asia
Fluke
Fluke
Emka India Panel Accessories
Emka India Panel Accessories
KEI Industries Limited
KEI Industries Limited
Meco Instruments Pvt Ltd
Meco Instruments Pvt Ltd
Godrej Boyce
Godrej Boyce
Icon Solar-En Power
Icon Solar-En Power
ZIEHL ABEGG
ZIEHL ABEGG
Novasys
Novasys
Ramanuj Industries
Ramanuj Industries
Testo India
Testo India
Paras Wires
Paras Wires
Dirak India
Dirak India
Fronius India
Fronius India
Gloster Cables Limited
Gloster Cables Limited
K-Lite Industries
K-Lite Industries
Newtech Switchgear
Newtech Switchgear
Rectifiers & Electronics
Rectifiers & Electronics
Elev8 Lift
Elev8 Lift
Power trac Group
Power trac Group
flir system
flir system
Omicron
Omicron
Dhash
Dhash
CAT
CAT
Electrical Research Development Association
Electrical Research Development Association
Schneider Electric
Schneider Electric
Triveni Turbine ltd
Triveni Turbine ltd
Kirloskar Pumps
Kirloskar Pumps
Polycab
Polycab
Electrotherment
Electrotherment
Aeron Composite Pvt Ltd
Aeron Composite Pvt Ltd
Powerica LTD
Powerica LTD