India Business News: Panasonic Holdings is exiting India's refrigerator and washing machine sectors due to intense competition and low market share, impacting its consumer ...

“We will focus on HVAC – commercial and residential – and televisions in the Panasonic Consumer Business category, and discontinue washing machines and refrigerators.” ...

Panasonic India discontinues washing machines and refrigerators, focusing on HVAC, B2B solutions, and other growth segments.

Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major.

Going forward, Panasonic’s consumer-facing business in India will focus on televisions and air conditioners, segments where the brand retains a solid market presence.

Significant layoffs will be part of Panasonic's restructuring exercise, with the number being in high double digits, Economic Times reported.

Concepcion, a nine-time All-Star and perennial Gold Glove shortstop, was one of just three living members of the Big Red Machine unable to attend this weekend's events. "I told him, 'Hey, miss you.

Japanese multinational electronics manufacturer Panasonic has quit the refrigerators and washing machine categories in India, where it failed to capture any significant market share and reported ...

Front-load washing machines always clean up in our tests. Why do so many people still choose top-loaders?