VIJAYAWADA: As part of expanding its manufacturing base, Panasonic Corporation has announced its plans to build a new wiring device factory in Sri City Industrial park in Chittoor district.
The proposed factory will produce wiring devices, electrical wire and switch gear with an investment of Rs 2,946 million. The factory, to come up in 1,33,546 square meters (35,000 square meters total floor area) in the Industrial Park, will be Panasonic’s fourth electrical equipment production base in the country. It is expected to start production in October 2021.
