Panasonic Life Solutions India Pvt. Ltd. is an Indian

electrical equipment Electrical devices or electric devices are devices that functionally rely on electric energy ( AC or DC) to operate their core parts (electric motors, transformers, lighting, rechargeable batteries, control electronics). They can be contraste ...

company A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members ...

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

, wires and cables,

light Light, visible light, or visible radiation is electromagnetic radiation that can be visual perception, perceived by the human eye. Visible light spans the visible spectrum and is usually defined as having wavelengths in the range of 400– ...

and fans 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 is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Japan. It was founded in 1918 as in Fukushima by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed and changed its name to in 2008. In 20 ...

of Japan. 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. A home automation system will monitor and/or control home attributes such as lighting, climate, entertainment systems, and appliances. It may also include home security such ...

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

Daman, India Daman is a city and the administrative capital of the Indian territory of Dadra and Nagar Haveli and Daman and Diu. It is a municipal council situated in the Daman district, India, Daman district of the union territory. The Daman Ganga River d ...

. 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 Panasonic subsidiaries Switches Electronics companies established in 1963 1963 establishments in Maharashtra 2007 mergers and acquisitions