# 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.

- Type: New facility
- Announced: 2019-10-10
- Where: Sri City, Andhra Pradesh, India
- Value: $84.0M (6.00B INR)
- Starts operating: 2021
- Status: announced
- Products: indoor air quality solutions, wiring devices, home automation solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Panasonic Life Solutions India](https://endata.com/companies/5903.md)

## Sources

- [newsonprojects.com](https://www.newsonprojects.com/news/panasonic-life-to-invest-rs-600-crore-to-establish-production-unit-in-ap), 2019-10-10: "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."
- [wirecable.in](https://www.wirecable.in/panasonic-life-to-invest-inr-600-crore-to-establish-production-unit-in-andhra-pradesh/), 2019-11-13: "The proposed unit will come up at Sri City in Andhra Pradesh and is likely to go on-stream in two years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.