Panasonic sees 'full-fledged' phone manufacturing in 1-2 years

Panasonic India is looking to "fully" manufacture mobile phones in India in next two years, while it banks on robust sales to clock revenues far higher than previously targeted.

Panasonic assembles mobile phones at its Noida unit, at 'semi-knocked down' level and is looking to deepen the manufacturing capability to 'completely-knocked down' level in the next 1-2 years, a senior company official said.

Government incentives and policies such as Make in India are changing the manufacturing strategy of players, Pankaj Rana, Business Head - Mobility Division, Panasonic India told PTI.

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Last modified onTuesday, 05 July 2016 01:44