https://www.thehindubusinessline.com/companies/panasonic-india-to-discontinue-washing-machines-refrigerator-categories/article69738989.ece Copy Panasonic Life ...

Panasonic has withdrawn from India's refrigerator and washing machine sectors due to global restructuring and sustained losses, despite achieving ₹11,500 crore revenue in FY25.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 ...

Significant layoffs will be part of Panasonic's restructuring exercise, with the number being in high double digits, Economic Times reported. The shares of electronics manufacturer Whirlpool and ...

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.

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 ...