Panasonic will start an automotive acid battery factory in India and is exploring more domestic manufacturing opportunity under the Make in India campaign. The Indian arm contributes a mere 2 per cent of global revenue, but the Japanese major is turning eyes on the Indian market, even on enterprise segment which is a booming for Panasonic globally. Last year the company entered into a JV with Uno Minda for a battery factory, to be operational in September.
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