# Panasonic Electric Works to expand production capacity in India

Panasonic Electric Works Company, a subsidiary of Panasonic, plans to enhance production capacity at its Sri City Industrial Park factory in Andhra Pradesh, India, as part of a global investment roadmap of Rs 7,000 crore (100 billion yen) by fiscal 2030, with Rs 2,100 crore (30 billion yen) earmarked by 2024.

- Type: Expansion
- Announced: 2024-03-13
- Where: Sri City Industrial Park, Andhra Pradesh, India
- Value: $840.0M (70.0B INR)
- Status: announced
- Products: wiring devices, switchgear, lighting
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Panasonic Electric Works Company](https://endata.com/companies/76210.md)
- [Panasonic](https://endata.com/companies/1026.md) (partner)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/panasonics-arm-looks-to-boost-production-in-india/articleshow/108445886.cms), 2024-03-12: "Our investment road map includes an allocation of Rs 7,000 crore (100 billion yen) for global electrical and equipment business growth by the fiscal 2030 (excluding Japan)."

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