Panasonic strengthens foothold in India to Invest 200 million US$
Inaugurates new manufacturing unit – Panasonic ‘eco ideas’ Factory
·
Panasonic’s
first ‘eco ideas’ Factory in India, spread across 76 acres, inaugurated
by Haryana Chief Minister, Bhupinder Singh Hooda
·
Investment of 200 million USD from 2010 to 2015
12th December 2012, Jhajjar, Haryana, India: Panasonic India, today announced the expansion of its presence in
India with the opening of
its first model ‘eco ideas’ Factory in India. This 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. With the opening of this manufacturing unit in India, Panasonic reiterated
how localization is key for the company’s growth and its commitment in India.
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. In addition to creating
hundreds of jobs, vocational trainings will be offered to improve the
technical skills of the people working in and around the Jhajjar
facility, helping them increase their employment opportunities.
The factory was inaugurated in the presence of dignitaries like
Honorable Chief Minister of Haryana, Shri Bhupinder Singh Hooda;
Shri. Pradeep Jain ‘Aditya, Minister for Rural Development, Government of India;
Shri Naresh Kumar Sharma, MLA, Badli; Mr. Randeep Singh Surjewala,
Industries and Commerce Minister, Haryana; Shri Deepinder Hooda, Member of Parliament;
Shri Ram Kishan Gujjar, Chief Parliamentary Secretary Industries and Commerce Department,
Mr. Pradeep Puri, CEO of Model Economic Township Company Limited; Mr. Rajeev Arora, Joint Secretary, Ministry of Commerce and
Mr. Tarun Bajaj, Managing Director of Haryana State Industrial
and Infrastructure Development Corporation (HSIIDC). Senior
representatives from Panasonic also graced the occasion.
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.
Panasonic Technopark is designed with various green features, which
include a 28.29 KWp solar modules installation at the rooftop of the
office, entrance canopy and car park to reduce carbon
dioxide (CO2) emissions, and a 100% water recycling system
for a sustainable water provision. As part of the factory’s sustainable
manufacturing, the company will implement initiatives that focus on
three key areas, which include CO2
emissions reduction, waste management and recycling, and chemical substance usage.
The construction of the manufacturing unit commenced in
April 2011 and has an initial manufacturing capacity of over 1,000,000
sets of air conditioners, 400,000 sets of washing machines and 25,000
sets of welding
and cutting machines per annum. These environmentally friendly products
will cater 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. The percentage of export of products manufactured at
Technopark will be 5% by 2013 and 20% by 2015.
At the factory inauguration, Panasonic India announced
its commitment of making “environment” central to all business
activities in line with the regional ‘eco ideas’. These actions have
been divided as 1) ‘eco
ideas’ for Lifestyle - achieving green lifestyles to enrich Indian
people’s lives through activities promoting energy saving eco products,
developing new comprehensive energy and environment solutions business
and expanding Eco Learning Programme; 2) ‘eco
ideas’ for Business-style - reducing environmental impact through Green
manufacturing and CO2 emissions reduction.
Mr. Daizo Ito, President, Panasonic India
commented, “Panasonic has been known for making everyday life simpler,
more convenient and more energy efficient.
Today’s opening of this factory will fuel our first priority goal in
India of doubling Panasonic’s revenue in fiscal 2012-2013. We plan to
achieve this by focusing on three core strategies: pursuing our company
vision of becoming the No. 1 Green Innovation
Company in the Electronics Industry by 2018; integrating Indian
expertise into our product design and manufacturing processes; and
increasing focus on rural development to ensure that Panasonic India
performs as a responsible corporate entity contributing
to the equitable growth of the entire Indian society.”
Present at the launch, Shri Bhupinder Singh Hooda
said, “Panasonic has demonstrated its strong commitment in contributing
to the country’s efforts in environmental protection. Indeed, the newly
established
‘eco ideas’ Factory is a prime example of a manufacturer taking
stewardship of its processes and products to mitigate any detrimental
environmental impact. We hope such efforts will spur even more
manufacturers to do the same and this will lead to the overall
development of this area as well as the country especially in terms of
providing employment to so many people.”
Panasonic ‘eco ideas’ brand ambassador Dia Mirza
said, “Environmental deterioration is prevalent not only in India, but
also in many other parts of the
world. The choice is ours to reduce the impact of this alarming trend
and ensure environmental sustainability. Eco ideas and eco activities
have been a core focus in Panasonic. I am sure that through this ‘eco
ideas’ Factory and eco learning activities being
conducted, Panasonic will successfully be able to play an effective
role in changing mindsets and driving individuals to assume greater
environmental responsibility in their communities.”
Six Panasonic ‘eco ideas’ Factories have been set up in
the Asia Pacific region so far. In addition to Panasonic India’s
Technopark, Panasonic Asia Pacific has established Panasonic Vietnam
Group at Thang Long
Industrial Park in Vietnam; Refrigeration Devices Company in Singapore;
Home Appliances Company in Thailand; AVC (Audio Visual Components)
Networks Company in Malaysia and Lighting Company in Indonesia.
Panasonic will further promote
environmental sustainability initiatives and its
commitment to contribute to a greener society.
Panasonic Corporate Vision
Panasonic
has a vision to become the No. 1 Green Innovation Company in the
Electronics Industry by 2018, when Panasonic will celebrate its 100th
anniversary. Panasonic aspires for global excellence as a Green
Innovation Company, encompassing two goals: Green Life Innovation
to realize green lifestyles to enrich people’s lives and Green Business
Innovation to bring forth innovation in our business styles.
About Panasonic Corporation
Panasonic
Corporation is a worldwide leader in the development and manufacture of
electronic products for
three business fields, consumer, components & devices, and
solutions. Based in Osaka, Japan, the company recorded consolidated net
sales of 7.85 trillion yen for the year ended March 31, 2012. It aims to
become the No. 1 Green Innovation Company in the Electronics
Industry by the 100th year of its founding in 2018.The company's shares
are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) stock
exchanges. For more information on the company and the Panasonic brand,
visit the company's website at
http://panasonic.net/
About Panasonic India
Panasonic
makes available in India its wide range of consumer electronics and
home appliances like LCD & Plasma
TVs, DVD players, home theatre systems, cameras, camcorders, car audio
systems, air conditioners, washing machines, refrigerators, microwave
ovens, automatic cookers, vacuum cleaners and the like. The company has a
workforce of about 12,650 in India and an
estimated turnover of Rs 10,000 crores in FY 2012. For more information
on the company and the Panasonic brand in India, please visit
http://panasonic.co.in.
Issued by Panasonic India |For media queries please contact:
Genesis Burson-Marsteller |
Malvika Sinha | +91 9873382955 |
malvika.sinha@bm.com
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