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Panasonic India targets 10% increase in revenue to Rs 9,600 cr
Panasonic India, a wholly-owned subsidiary of Panasonic Corporation, is likely to close FY 21-22 with a total income of approximately Rs 9,600 crore, surged by 10% as compared to the previous fiscal, supported by a double-digit increase in its consumer appliance business.
It involves the income of all its group firms including its B2B business. The firm had clocked a revenue of Rs 8,723 crore in FY 19-20. The Japanese major on Wednesday rolled out its industrial IoT and a smart-factory solution called Miraie Profactory platform, which has been developed indigenously at its In..
Panasonic India launches division to develop smart home business
Consumer electronics company Panasonic India has launched a new Spatial Solutions division as part of its strategic expansion plans for Smart Home solutions.
According to a company statement, Dinesh Aggarwal, Joint Managing Director, Panasonic Life Solutions, will lead the new business division.
The company informed that the new division would combine expertise in Consumer Appliances and Life Solutions to promote the adoption of Smart Home Living Solutions, including Miraie and P..
India Surpasses Australia, Japan, and Singapore in Data centre Capacity
India has surpassed Australia, Japan, and Singapore in data centre capacity, cementing its position as a prominent player in the global digital infrastructure landscape. The country's rapid advancement in data centre infrastructure underscores its growing significance in the digital economy.
The surge in data centre capacity is attributed to several factors, including increasing internet penetration, rising demand for digital services, and government initiatives to promote digitalization. As businesses and consumers alike embrace digital technologies, the need for robust data infrastru..
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