Overview
- Panasonic will exit India’s refrigerator and washing machine segment by winding down production at its Jhajjar, Haryana plant.
- The company will assist dealers in clearing remaining inventory of fridges and washers while maintaining after-sales service, spare parts distribution and warranty support for existing customers.
- Sources indicate layoffs could run into the high double digits but Panasonic is exploring ways to redeploy affected employees within its broader India operations.
- Going forward, Panasonic’s consumer portfolio in India will emphasize televisions, air conditioning units and home automation systems.
- The strategic refocus aligns with Panasonic’s global drive into smart home ecosystems, sustainable energy solutions and B2B technology offerings.