Panasonic Aims 5 Per Cent Share In Solar Segment

Consumer electronics major  Panasonic India will focus on expanding solarPower_ITVoiceits solar products range and is looking at capturing 5 percent market share in this segment in a year.

The company has allocated 9,000 solar lanterns to communities who have no access to electricity in two years. The company has plans to allocate another 5,006 units this year through NGOs in Uttar Pradesh, Bihar, Andhra Pradesh, Orissa, Maharashtra, West Bengal and Haryana.

Manish Sharma, MD, Panasonic India told to PTI that the company will now focus more on solar products and will expand the product range which will help in achieving growth in this segment. The company will introduce a low cost solar LED light and solar home system after six months.

Filed in: Business

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