Commenting on the new R&D centre in Haryana, Mr. Daizo Ito, President of Panasonic India said, “India is a significant market for us and is a pool of immense potential as well as talent, essential for our business growth. The opening of PRDCI is in line with Panasonic’s vision is to address global needs as well as to develop products for the Indian market keeping in mind the increasing demands and their specific requirements.” He further added, “Through PRDCI activities, Panasonic India reinforces its presence and hopes to contribute to develop products and create business which is familiar to Indian market.”
The new R&D centre is situated at the Sewa Corporate Park, off MG Road in Gurgaon. This R&D centre will primarily focus on:
* Promoting open innovation with Indian universities and companies to create new business opportunities with and for domain companies
* Researching future needs and leading edge technology in India
* Constructing R&D basis with any strategic information such as IPR, standardization and industrial world movement
“One of the focus areas for the centre will be to develop products relating to the future needs of the Indian market. The PRDCI will also be looking at developing energy management and AV products towards business expansion in India and promote open innovation with Indian universities and companies to create new business,“ said Mr. Ron T. Kakimoto - Director – PRDCI.
Panasonic Corporate Vision
Panasonic has a vision to become the No. 1 Green Innovation Company in the electronics industry by 2018 (fiscal 2019), when Panasonic will celebrate its 100th anniversary. Panasonic aspires for global excellence as a Green Innovation Company and encompasses two goals: Green Life Innovation to realize green lifestyles to enrich people’s lives and Green Business Innovation to bring forth innovation in our business styles.
Panasonic’s green commitment and the 100th anniversary vision have greatly contributed to the company to be listed on the Dow Jones Sustainability World Index (DJSI World), one of the highly-recognized global indexes for socially responsible investment (SRI), for six years in a row. Panasonic has also been named as 2011 Global 100 Most Sustainable Corporations in the World. The Panasonic ‘eco ideas’ annual report at (http://panasonic.net/eco/) shares data on the group’s initiatives in this direction.
About Panasonic Corporation
Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales of 8.69 trillion yen (US$105 billion) for the year ended March 31, 2011. The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at http://panasonic.net/
About Panasonic India
Panasonic makes available in India its wide range of consumer electronics and home appliances like LCD & Plasma TVs, DVD players, home theater systems, cameras, camcorders, car audio systems, air conditioners, washing machines, refrigerators, microwave ovens, automatic cookers, vacuum cleaners and the like. The Company has a workforce of about 11,000 in India, registered sales of Rs 3200 crore in FY 2010 and estimated a turnover of Rs 5,500 crore in FY 2011. . For more information on the company and the Panasonic brand in India, please visit http://panasonic.co.in.
