Panasonic Life Solutions to invest Rs 600 crore in new plant in Sri City, Andhra Pradesh

Panasonic Life Solutions India plans to invest Rs 600 crore over the next few years to set up its eighth manufacturing facility in Sri City, Andhra Pradesh, to produce indoor air quality, wiring device and home automation solutions. The plant is expected to go on-stream in two years.

“Panasonic Life Solutions India (formerly Anchor Electricals), which is into switchgear, wires, wiring devices, lighting solutions, and the home automation segment, is looking to invest ₹600 crore over the next few years as it plans to set up its eighth manufacturing facility in the country.”newsonprojects.com

• 2 sources
• newsonprojects.comPanasonic Life to invest Rs. 600 crore to establish production unit in AP. | News On ProjectOct 10, 2019
• wirecable.inPanasonic Life to Invest INR 600 Crore to Establish Production Unit in Andhra Pradesh - Wire & Cable IndiawirecableNov 13, 2019

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