Panasonic eyes 10% market share

Mumbai
5 Mar 2017

Home appliances and consumer electronics company Panasonic India is aiming to capture 10 per cent market share in the washing machines segment in the next fiscal year on the back of new product launches. "In four years' time of manufacturing the product, we have achieved more than 5 per cent market share in the washing machine segment. Currently, the industry size of this segment is approximately 5 million units. In the washing machine segment, we are aiming to achieve 10 per cent market share in the FY2017-18," Panasonic India Home Appliances Head Gaurav Minocha told PTI.