Indian Oil-Panasonic in JV for lithium-ion batteries
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
Indian Oil is anticipating a rise in demand for batteries for two- and three-wheeler vehicles and energy storage systems in the Indian market
Rural consumption in Q2 FY22 remained muted, while urban India saw robust increase. But it’s not time to take the wind out of sails yet.
Panasonic’s Manish Sharma says the company’s strategy for its consumer appliances business in India centres around being smart,connected, and energy-efficient.
A difference in market strategies and relationships with local partners is the hallmark of the new wave of Japanese investments in India.
Videocon, consumer durable giant of 90s, wants to use it manufacturing prowess to make products like surveillance cameras. It’s track record and financial position are stacked against it.