Panasonic Revamps its Smart Factory Solutions business in India

Panasonic Revamps its Smart Factory Solutions business in India: Panasonic announced its plans to ramp up its smart factory solutions business in India. The company has integrated its welding business and SMT (Surface Mount Technology) equipment business to consolidate its software and hardware capabilities and become an end-to-end integrated Smart Manufacturing Solutions company. The smart factory solutions proposition will enable Panasonic to deliver broader, high value-added, smart solutions and services along with world-class hardware to the manufacturing industry. The company targets to achieve 1000 Cr in revenue from its smart factory business in the next three years, with solutions and digital manufacturing expected to contribute 15% to the total smart factory business revenue.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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