Anchor Electricals Pvt. Ltd. is an

Indian Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asia ...

electrical equipment Electric(al) devices are devices that functionally rely on electric energy ( AC or DC) to drive their core parts (electric motors, transformers, lighting, rechargeable batteries, control electronics). They can be contrasted with traditional m ...

company A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared ...

. It is the largest manufacturer of modular and non-modular electrical switches in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

. Aside from switches, it also manufactures low voltage

switchgear In an electric power system, a switchgear is composed of electrical disconnect switches, fuses or circuit breakers used to control, protect and isolate electrical equipment. Switchgear is used both to de-energize equipment to allow work to be ...

, wires and cables,

light Light or visible light is electromagnetic radiation that can be perceived by the human eye. Visible light is usually defined as having wavelengths in the range of 400–700 nanometres (nm), corresponding to frequencies of 750–420 t ...

and

fans Fan commonly refers to: * Fan (machine), a machine for producing airflow, often used for cooling ** Hand fan, an implement held and waved by hand to move air for cooling * Fan (person), short for fanatic; an enthusiast or supporter, especially wit ...

among other things.

History

Established in 1963 as Anchor Electricals Pvt. Ltd., now Panasonic Life Solutions India Pvt. Ltd. is a wholly owned subsidiary of the

Panasonic Corporation formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational conglomerate corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb ...

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the n ...

. Panasonic acquired Anchor, the 50-year-old Indian family-owned electrical equipment brand, in 2007. The Company offers wires, cables, switchgears, lights, luminaries, fans, circuit breakers, heat and smoke detectors, video door phones, and other electrical products. It also sells

home automation Home automation or domotics is building automation for a home, called a smart home or smart house. A home automation system will monitor and/or control home attributes such as lighting, climate, entertainment systems, and appliances. It m ...

products from Panasonic. The company's new manufacturing unit has been built at

Daman, India Daman (; Indo-Portuguese; ''Damao'') is the capital city of the Indian union territory of Dadra and Nagar Haveli and Daman and Diu. It is a municipal council situated in the Daman district of the union territory. Daman Ganga River divides Da ...

. The investment for the plant has been Rs 200 crores and will produce a complete range of wiring devices. The plant's current production capacity is of 240 million units. For the first two years, the products manufactured at Daman will cater to the domestic market. By 2015 the company was expecting 5 percent of their revenues to come from exports. The factory has adopted features like installation of LED lighting, solar panels and use of treated sewage water.

References

{{Matsushita Panasonic Corporation brands Switches Electronics companies established in 1963 1963 establishments in Maharashtra 2007 mergers and acquisitions