Anchor Electricals will be setting up a 30-acre factory in Sri City and will be investing Rs 2 bn to produce fans, wiring devices and switch gear. The products will be catering to the Central and South Indian markets. Once the plant is operated in 2020, it is expected to generate 2,000 jobs. The company name is likely to undergo changes in the coming months, with Anchor likely to be changed to Panasonic. Contact:  Vivek Sharma, Director Address: Anchor Electricals Pvt Ltd.,3rd Floor, B Wing, i Think Techno Campus,  Pokhran Road No-2, Thane (West). Maharashtra - 400607. T: 022-42228888, 62838888 Email: chandrashekhar.kanse@anchor-world.com Website: www.anchor-world.com