Saturday, Jan 18 2020 | Time 01:20 Hrs(IST)
  • About 50 Militants Killed in Clashes With Syrian Army in Idlib, Aleppo - Russian Military
  • Cypriot football fixtures called off after bomb attack on referee
  • At Least 14 People Killed in Armed Assault in Nigeria - Reports
  • Xi meets Myanmar State Counsellor Aung San Suu Kyi
  • Pompeo Discusses Iran, Afghan Peace Process With Pakistani Counterpart - State Department
States » South

Panasonic expands its footprint in Karnataka

Bengaluru, May 17 (UNI) Japanese home appliances major Panasonic, which also Manufactures electrical construction materials, housing, diverse electronics technologies and automotive space in India is betting big on its expansion plans in India as the sector had attracted highest investment by home owners and the market expected to grow expandantly.
Brifing newspersons Masashi, Yamada, Panasonic Managing Executive Officer, Senior Vice President Life Solutions Company said, the home appliances and modular kitchenware market was growing fastest in India.
‘We at Panasonic believe in inspiring consumers’ way of living and are committed towards offering the best of comfort, safety and class to everyone around the world by combining our high-class technology and vast knowledge of housing appliances. We now aim to offer the same to our consumers in India by fulfilling their requirements through our goal of ‘a better life, a better world’ through multiplying our technologies and expanding our business in India in to the overall housing segment,” he said.
Panasonic had decided to make a major foray in Bengaluru which had one of the largest sales of homes in the country, while the real estate had slowed down even in Japan.
He said Panasonic’s Modular Kitchen business started in 1963 in Japan and has grown tremendously over the years providing numerous varieties and layouts of kitchen cabinet, storage and accessories by catering to approximately 6 million consumers in Japan. Panasonic aims rapid expansion in the Modular Kitchen business by tapping metro cities, along with Tier I and Tier II cities. Panasonic is all set to mark its presence across 31 cities by FY 2020 with the inauguration of Panasonic stores in Bangalore.
Dinesh Aggarwal, Joint Managing Director, Panasonic Life Solutions India said Panasonic has established itself as a manufacturer of high quality and innovative electrical construction material over the past decade; especially for the Residential and Commercial infrastructure. We have established strong relationships amongst Developers, Contracting Companies and Specifiers; which encourages us to bring in additional products from Panasonic, Japan.
“Housing is one such business, which has been initiated, and we have launched the luxurious, L class kitchens in Bengaluru. The response has been very positive, giving us confidence to sell the L class kitchens across India and to bring in more Housing products from Japan,’’ he said.
More News

Sabarimala: Royal representative at Sannidhanam

17 Jan 2020 | 11:33 PM

Pathanamthitta, Jan 17 (UNI) Pandalam royal family member Uthram thirunal Pradeep Kumar Varma reached at the Lord Ayyappa temple at Sabarimala on Friday evening which would mark the official culmination of the Makaravilakku festival.

see more..

Heli tourism will be part of Gaganachukki jalapatotsava

17 Jan 2020 | 11:29 PM

Mandya, Jan 17(UNI) District Administration has made all arrangements for the two-day Gaganachukki Jalapatotsava, to be held on January 18 and 19, at Malavalli taluk, Mandya district.

see more..

K'taka CM to visit Davos

17 Jan 2020 | 11:23 PM

Bengaluru, Jan 17(UNI) Karnataka is set to be represented by the Chief Minister B S Yediyurappa at the World Economic Forum at Davos.

see more..

National and international kite flyers arrive in Belagavi

17 Jan 2020 | 11:22 PM

Belagavi, Jan 17 (UNI) National and international Kite flyers arrived here on Friday to participate in the “Belagavi International Kite Festival (BIKF) on Saturday.
The 10th BIKF is being organized by Belagavi south MLA Abhay Patil at Malini city outskirts of Belagavi city from Saturday.

see more..

'Beef' tweet by Kerala Tourism: Minister alleges communal fanatics spark controversy

17 Jan 2020 | 11:19 PM

Thiruvananthapuram, Jan 17 (UNI) Kerala Tourism Minister Kadakampally Surendran on Friday alleged that communal fanatics had sparked the controversy over the promotional 'beef' tweet of State Tourism Department.

see more..