Panasonic Life Solutions has opened its new facility at Daman, in the Union territory of Daman and Diu, for in-house manufacturing of lighting products in line with the company’s growth plans. The geographic location of the facility will add strength to its existing operations which boasts a network of essential suppliers.

The newly established facility will initially manufacture lighting fixtures such as downlights before eventually expanding to other product lines. Currently, the manufacturing capacity in the first year is 1.5 lakh units. Panasonic aims to speed up inland manufacturing with the new facility.

The company has invested Rs 1.5 crore on the new plant which will enhance the company’s current manufacturing capabilities in India. With this investment, the company aims to lead the lighting segment by 2030, even as the industry is anticipated to undergo a shift towards superior products. Furthermore, it will provide its customers unique solutions and products made with high-quality, efficient, and eco-friendly Indian and Japanese technologies.