Panasonic India, owing to its strategic expansion plans, has announced the launch of a new Spatial Solutions division for Smart Home solutions, and has elevated Joint MD Dinesh Aggarwal to lead the division.
According to a statement, “Spatial Solutions will focus on residential, commercial, and public infrastructure segments and offer Panasonic’s solution architecture to white label manufacturers.”
“I am delighted to further the brand’s vision of taking connected living a notch higher with the introduction of Spatial Solutions Division. These are exciting times for the smart home segment as the concept of ‘home as the new hub’ is driving demand for multi-use living spaces. My vision is to create a compelling opportunity for Spatial Solutions by providing smart capabilities in alignment with the market demand,” speaking on the development, Dinesh Aggarwal, said.
“The formation of Spatial Solutions is a strategic endeavor towards this objective. We already have a strong market presence across consumer appliances and living solutions, and I am confident that under Dinesh’s dynamic leadership, the Spatial Solutions Division will drive significant growth for us in the real estate sector too in the coming years. I wish him the very best in his new role,” added President and CEO of Panasonic India & SA – Manish Sharma.
Panasonic is a worldwide provider of home appliances, industrial devices, automotive, lifestyle and connected solutions. Panasonic commenced its operations in India in the year 1972 and the regional headquarter is located at Gurgaon, Haryana. Panasonic Corp. celebrated its 100th anniversary in 2018, operates 528 subsidiaries and 72 associated companies worldwide and reported consolidated net sales of 7.49 trillion yen for the year ended March 31, 2020.
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