Panasonic Life Solutions India has opened its new manufacturing facility in Sri City, Andhra Pradesh.
The automated unit is spread over 1,33,584 sq mtr and covers a floor area of 37,025 sq mtr.
This will be the company’s first electrical equipment manufacturing base in Southern India. Also, it will be the seventh in India followed by facilities in the north and west regions.
The company will invest a total of Rs 600 crore in two phases. In phase-I Rs 300 crore has been invested.