Panasonic, the consumer electronics company will be setting its factory in the country. The unit, spread across 76 acres is located in Jhajjar, Haryana. The company will be investing around $200 million from 2010 to 2015 and in this process, the company will hire 1,500 people in the first phase and over 2,000 in the second, by 2018.
This unit has been dubbed as ‘eco ideas’ factory, which is the company’s latest initiative to showcase best practices in sustainable manufacturing and raise level of eco consciousness in the community through outreach activities. This factory promises not just state-of-the-art manufacturing of high-tech products, but also brings much-needed employment, economic growth, and social benefits to the region.
The new Panasonic India Group facility, located at Dadri Toi in Jhajjar Haryana, will implement a wide range of eco initiatives, including development of technologies to support a zero-carbon lifestyle and the adoption of sustainable business practices across the entire company.
The unit has been under construction since April 2011 and has an initial manufacturing capacity of over 1,000,000 air conditioners, 400,000 sets of washing machines and 25,000 sets of welding and cutting machines per annum. These environmentally friendly products are catered to the domestic market and the manufacturing unit will be providing employment to approximately 3,500 staff by 2018. Panasonic shall focus on making India a manufacturing hub and will export products from India to other markets like Middle East and Africa region.
Six Panasonic ‘eco ideas’ factories have been set up in the Asia Pacific region this far, which includes Vietnam, Singapore, Thailand, Malaysia and Indonesia.
