Panasonic India betting big on B2B business this fiscal
Introduces High-Definition 3D Video Conferencing solutions for the first time in India
 
23 August 2012, New Delhi: Panasonic, the global leader in innovation and technology today unveiled its next generation High-Definition Video Conferencing (HDVC) for enterprises as a step towards strengthening its focus on the B2B business in India. With this launch and aggressive focus on this segment, Panasonic reiterates its commitment towards its customers by understanding and catering to their specific needs through innovation in technology.
 
Over the years Panasonic has shown excellence in terms of offering best products in the market and the company is banking big on their B2B segment- Panasonic System Sales Division (SSD) which plays a vital role in contributing to the overall growth of the brand in India. With a huge product portfolio including commercial Displays , Projectors, Telephones, Fax machines, EPABX,  Surveillance and Security Cameras, Printers, Panaboards & interactive boards, Scanners, Toughbooks, Point of sale solutions and Broadcast products, SSD will be contributing to 10% of the company’s total revenue. With an increase in demand of this business in India not only is the company expanding its range of products but also launching new products in market this fiscal and this HDVC launch is a step in the same direction.
 
Gracing the occasion Mr. Toru Hasegawa, MD- System Sales Division, Panasonic India said “At Panasonic we are committed to provide best product portfolio to our customers with innovative and finest technology. With a wide product portfolio the year-on-year average growth rate for Panasonic’s System Sales Division has been 40%. We are expecting this growth to cross 100% by this fiscal end and close with a turnover of Rs. 655 crores.”
 
Further speaking at the occasion Mr. Rizhkant Zha, Director- System Sales Division, Panasonic India said “For the first time in India 3D technology has been infused with HDVC to provide best Video Conferencing solution for our customers. The end to end technology solution by Panasonic from Cameras lens to the display makes it possible to display facial expressions and gestures in clear, full-HD images as part of the visual communication experience. We are largely targeting IT/ITES, Hi-tech Enterprise, Manufacturing and Healthcare industries and will focus on bundling specific solutions to fulfil the requirements of various industries to make it most suitable product for them.

Panasonic Corporate Vision
Panasonic has a vision to become the No. 1 Green Innovation Company in the electronics industry by 2018 (fiscal 2019), when Panasonic will celebrate its 100th anniversary. Panasonic aspires for global excellence as a Green Innovation Company and encompasses two goals: Green Life Innovation to realize green lifestyles to enrich people’s lives and Green Business Innovation to bring forth innovation in our business styles.
The Panasonic ‘eco ideas’ annual report at (http://panasonic.net/eco/) shares data on the group’s initiatives in this direction.
                                  
About Panasonic Corporation
Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products for three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. It aims to become the No. 1 Green Innovation Company in the Electronics Industry by the 100th year of its founding in 2018.The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at http://panasonic.net/
 
About Panasonic India
Panasonic makes available in India its wide range of consumer electronics and home appliances like LCD & Plasma TVs, DVD players, home theatre systems, cameras, camcorders, car audio systems, air conditioners, washing machines, refrigerators, microwave ovens, automatic cookers, vacuum cleaners and the like. The Company has a workforce of about 12,650 in India and estimated to do a turnover of Rs 10,000 crore in FY 2012. For more information on the company and the Panasonic brand in India, please visit http://panasonic.co.in.
 
 
Issued by Panasonic India. For media queries, please contact:
Panasonic India | Richa Sethi | +91 9560498765 | richa.sethi@in.panasonic.com
Genesis Burson Marsteller | Malvika Sinha | +91 987338255 | malvika.sinha@bm.com

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