https://www.thehindubusinessline.com/companies/panasonic-india-to-discontinue-washing-machines-refrigerator-categories/article69738989.ece Copy Panasonic Life ...
New Delhi: Panasonic has announced its decision to exit the refrigerator and washing machine segments in India, aligning with the Japanese conglomerate’s broader global restructuring efforts. The move ...
Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving ₹11,500 crore revenue in FY25. The company's market ...
Panasonic Holdings is exiting the refrigerator and washing machine segment in India as part of a strategic pivot towards more profitable and innovation-driven verticals. According to a report by The ...
The shares of electronics manufacturer Whirlpool and Voltas recorded significant gains on June 26. This came after a report claimed that their rival Panasonic is exiting loss-making categories like ...
Panasonic Holdings is exiting India's refrigerator and washing machine sectors due to intense competition and low market share, impacting its consumer electronics business. The company will shut down ...
Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market.
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