Panasonic aims Rs 1,000 cr revenue from smart solutions factory business in 3 years

Japanese consumer electronics major Panasonic, which Thursday announced its plans to ramp up smart factory solutions business in India, is targeting a revenue of around Rs 1,000 crore from the segment in three years.
Panasonic expects its solutions and digital manufacturing to contribute around 15 per cent to the total revenue from the smart factory business, the company said in a statement.

It has integrated its welding and surface-mount technology (SMT) equipment businesses to consolidate its software and hardware capabilities and to become an end-to-end integrated smart manufacturing solutions company, it added