PEWIN to invest ₹400 crore to quadruple switch capacity at Sri City plant

Panasonic Electric Works India (PEWIN) plans to increase installed capacity of switches and sockets at its Sri City plant from 10 million to 40 million units per month in two phases by 2030, with a total investment of around ₹400 crore. Phase 2 (₹100 crore) will raise capacity to 20 million units by 2025, and Phase 3 (₹300 crore) will add a new plant for another 20 million units.

“Currently, we have an installed capacity to produce 10 million switches and sockets per month. In the second phase, we will ramp it up to 20 million units and the third phase calls for setting up a new plant to produce another 20 million units.”thehindu.com

• 1 source
• thehindu.comPEWIN plans to expand Sri City unit capacity four-fold by investing ₹400 cr. - The HinduN AnandNov 23, 2024

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