Daizo Ito, president – Panasonic India has been awarded the ‘Man of Electronics’ recognition by Consumer Electronics and Appliances Manufacturers Association (CEAMA). CEAMA is an association of organisations in the consumer electronics and durables sector and comprises of domestic and multinational players.
The award recognises Ito’s exceptional all round contribution to the Indian Electronics and Appliances Industry and was awarded by Praful Patel, minister, Heavy Industries and Public Enterprises.
Talking on this occasion, Daizo Ito said, “Today, India is the second fastest growing economy in the world and the Indian equity market is emerging as the third-largest equity market globally. I strongly believe that with such a powerful talent pool, a large domestic market and an export market that is moving towards emerging countries, India is all set to become the next Manufacturing Superpower. When I look at other big nations in the Asia Pacific region like China, I see huge potential in the Indian subcontinent to become the next favorite manufacturing hub.”
Daizo Ito has been responsible for driving profitable business growth for Panasonic in the country and heads the overall operations and management for the company in India. He leads the implementation of corporate strategy related to the company’s personnel, suppliers, potential and actual customers, and investors underscoring the significance of India on Panasonic’s global roadmap.
