Key facts
- Panasonic Holdings aims to boost its air conditioner production capacity in India.
- The target is to reach 2 million units annually by fiscal year 2028.
- This represents a fourfold increase compared to current production levels.
- The company views India as a key market due to its rising population.
Panasonic Holdings intends to significantly expand its air conditioner production capacity in India, aiming for an annual output of 2 million units by fiscal year 2028. This ambitious plan represents a fourfold increase from its current production capabilities. The company identifies India as a crucial market, largely due to its continuously growing population, which is expected to drive demand for air conditioning units.