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. Both the ...

Panasonic, the well-known Japanese electronics company, has decided to stop selling refrigerators and washing machines in the Indian market. While other Panasonic products will still be available, ...

The reports emphasise that the company failed to garner more than 1 to 3 per cent market shares in washing machines and refrigerators By exiting loss-making categories like washing machines and ...

Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market.

New Delhi: Panasonic has announced its decision to exit the refrigerator and washing machine segments in India, aligning with the Japanese conglomerate’s broader global restructuring efforts. The move ...