Panasonic Appoints New India MD

Panasonic has promoted Manish Sharma as managing director of Panasonic India. He will be responsible for the strategic planning, sales and marketing of company’s consumer and enterprise divisions with immediate effect. With this, Manish has also been appointed to the Board of Directors of Panasonic India.

Manish, in his previous role, was responsible for driving profitable growth across the entire portfolio of consumer products and has catapulted the Panasonic brand to make it a household name across the country. Manish’s elevation is a part of Panasonic strategy of streamlining business structures to increase competitiveness and profitability across the group.

“Panasonic strategy for success in India is based on the three vital pillars – Empowerment, Localization, and Rich Communication. Manish’s elevation is an integral part of driving empowerment through localization of Panasonic India’s leadership. Manish’s career of nearly eighteen years has spanned from hands-on operations to strategic planning and policy where he has successfully demonstrated his ability to deliver in the most difficult circumstances and has built a bright and young team. I would like to congratulate Manish on his new role and wish him all the best for his new endeavor,” said Daizo Ito, president,Panasonic India.

In his new role, Manish will now be responsible for the strategic planning, business development and sales & marketing functions of Panasonic India across consumer and enterprise business which caters to the B2B, B2G, and IT segments focusing on system solutions and industrial devices.

“I am very happy to take on the additional responsibility in the company. At Panasonic, the business-to-business segment accounts for close to 70 per cent of the company’s global revenue. We are sure that a strong and diverse market like India will present immense opportunities for the growth of Panasonic in this segment as well. Despite the consumer durables segment being challenging, Panasonic has successfully made inroads into almost each household in India; the business segment will be an opportunity for me to create a win-win proposition for both, Brand Panasonic and the Indian enterprises,” said Manish Sharma, managing director, Panasonic India. “My constant endeavor will be to offer the best products and solutions to our customers and reinforce Panasonic’s position as the most trusted brand through constant value creation for consumers.”

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