Panasonic is planning to invest USD 220 million to set up a manufacturing facility in Dadri Toy in Jhajjar Model Economic Township in Haryana. The plant will be set up over 76 acres and will also function as Panasonic head quarters in India. It will set up production lines for refrigerators, air conditioners, welding systems and washing machines, flat panel televisions, microwave ovens and other electronic products.
The Company has completed the manufacturing facility and will continue to invest about 200 million USD upto the year 2015. The two phase project owned 100 per cent by Panasonic Corporation will cut imports from Malaysia and Thailand and boost export to Middle East and Africa.