Panasonic India solar ops stay strong despite US exit

09 May 2025 CW Team

Panasonic Life Solutions India (PLSIND) has reaffirmed its continued commitment to India’s solar energy market, following Panasonic North America’s decision to exit its solar and battery storage business. The company clarified that this restructuring move will not impact operations in India.

Through its division Panasonic Electric Works India (PEWIN), the firm plans to scale up its solar portfolio and distribution network in India. It aims to cater to both residential and commercial demand while collaborating with developers, installers, and government agencies to support India’s clean energy goals.

Panasonic will continue offering high-efficiency solar panels and has assured customers of uninterrupted service, product warranties, and after-sales support.

“India remains a strategic market for Panasonic’s solar business, and we are fully aligned with the country's renewable energy ambitions,” said Sanjay KVS, Business Unit Head, PEWIN. He added that Panasonic would continue investing in innovation and partnerships to strengthen its presence in the Indian solar sector.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..