Panasonic downsizes India operations: Japanese firm to exit washing machines, fridge markets; layoffs expected – Times of India
Panasonic Holdings is exiting India’s refrigerator and washing machine segments, marking a significant downsizing of its consumer electronics business in the country as part of a broader global overhaul. The Japanese electronics major is shuttering the production lines for these products at its Jhajjar factory in Haryana and will now focus on core categories like…
