Panasonic and Daikin: Expanding production in India
ーNew factory in Andhra Pradeshー
-On-site Japanese-style advanced skill training-
We will deliver a summary from the article published in Newswitch.
Operation of Sri City factory:
Panasonic’s Sri City factory and Daikin’s third factory.
India has the highest population in the world and continues to grow at a high rate. Taking advantage of the knowledge that has been deepened locally, we will take on the opportunity to expand our business.
panasonic
In April 2022, the company started operating its Sri City wiring equipment factory in Andhra Pradesh.
Daikin Industries
In the second half of 2023, a third factory for air conditioners will be established in India.
What is Sri City Industrial Park?
It is located 55 kilometers north of Chennai in southern India.
With an area of over 40 million square meters, it is one of the largest industrial parks in India.
Of the 205 companies located, 20 are Japanese companies.
Panasonic EW: Kentaro Kobayashi Manufacturing Manager
In 2007, Panasonic EW began production at a factory in northern India. We also have a factory in the west.
The company took advantage of the first-mover advantage and captured a 40% share of India’s wiring equipment market.
With the addition of the Sri City factory, we are strengthening our ability to quickly supply products throughout India.
Sri City: Daikin 3rd Factory
In September 2022, Kanwar Jeet Java CEO of the local subsidiary visited Japan.
Daikin has promoted domestic production and localization of air conditioners in India.
Sales increased 10 times in 10 years.
Production is already underway at the first and second factories in northern India.
Consumer air conditioners: No. 1 with a 20% share.
Commercial air conditioners: 60% market share.
Once the third factory is operational, the company will be able to cover a vast area of the country.
Reasons for manufacturing in India:
India continues to grow at an annual rate of 7%. The average age is 28 years old, making it easy to find talent.
Although labor costs are rising, they are still only one-tenth of Japan.
However, many people change jobs in search of better benefits. Securing excellent human resources is extremely important.
Panasonic technical training school:
Operated a technical training school since 2006. It has produced 2,000 graduates.
We train young people free of charge and support them in finding employment outside of our company.
Learning switch assembly, parts manufacturing, and repair techniques;
Teach repair techniques for home appliances and smartphones.
A child care center has been set up at the factory, so those raising children can work with peace of mind.
Daikin’s advanced skills education:
Daikin has also begun training students with advanced skills.
In 2021, we will carry out workplace vaccinations for the new coronavirus to give employees peace of mind.
Cooperation in expanding local production and developing human resources is essential for coexistence and mutual prosperity.