Panasonic India aims 10% growth, top-line of Rs 9,600 crore in FY22

Diversified technology company Panasonic is aiming a 10 per cent growth and top-line of nearly Rs 9,600 crore this fiscal in India, helped by growth across verticals and price increase, said a top company official.

The company had recorded a revenue of Rs 8,723 crore in the last fiscal.

The company has witnessed good growth in sales so far this fiscal across segments, helped by pent up demand. However, the LED TV section lagged due to the unavailability of panels for the last 3-4 months, said Panasonic India CEO Manish Sharma.

“So, television is not witnessing growth because of those factors, but all appliances are having a double-digit growth, and overall company’s growth will be in excess of 10 per cent,” said Sharma.