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708-Chaudhari Technical Institute, Gandhinagar - Gujarat ...

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Panasonic Energy India Company Limited<br />

Vadodara, <strong>Gujarat</strong> Product<br />

Dry Battery<br />

Panasonic eyes 70% growth in state<br />

Consumer durables major Panasonic India is eyeing a turnover of Rs 500<br />

crore from <strong>Gujarat</strong> this financial year, which would be a growth of 70 per cent<br />

over last fiscal.<br />

The company’s subsidiary Panasonic India Ltd is confident of doubling sales<br />

turnover this fiscal to Rs 4,500 crore from Rs 2,200 crore last year and<br />

gaining market shares in key categories that it is present in, Daizo Ito, chief<br />

executiveWork force: - 12650 people in India<br />

Turnover: Panasonic India registered sales of Rs 5,500 crore (USD 1042<br />

million) in FY 2011 and an estimated turnover of Rs 10,000 crores (USD 1940<br />

million) in FY 2012. The company has recently invested USD 300 million in<br />

the country to set up an R&D and manufacturing facility and on various<br />

marketing initiatives.<br />

Maruti Suzuki India Limited<br />

Type<br />

Public<br />

Traded as BSE: 532500<br />

NSE: MARUTI<br />

BSE SENSEX Constituent<br />

Industry<br />

Automotive<br />

Predecessor(s) Maruti Udyog Limited<br />

Founded 1981<br />

Headquarters<br />

New Delhi, India<br />

109

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