Archive · 26 Jun 2025
Panasonic India to Exit Fridge and Washer Market
Panasonic India is stopping the sale of washing machines and refrigerators.
This is part of a bigger plan to change how the company works globally and adapt to the current market.
They want to concentrate on things like air conditioners, home automation, and business solutions.
The company will help stores sell off the remaining products, and people will still be able to get their existing products fixed under warranty.
Some employees might be affected, but the company will help them find new jobs.
Panasonic India will discontinue its washing machine and refrigerator categories.
The decision aligns with global restructuring and market dynamics.
The company plans to liquidate existing stocks by the end of the fiscal year.
Panasonic will focus on segments like home automation, HVAC, B2B solutions and electricals.
Customer service, parts, and warranty coverage will continue to be provided.
- Who
- Panasonic Life Solutions India (part of Panasonic Holdings)
- What
- Panasonic India will discontinue its washing machine and refrigerator product lines.
- When
- Stocks will be liquidated by the end of the fiscal year.
- Where
- India
- Why
- As part of global restructuring and to focus on future growth areas.
- Company
- Panasonic India
- Products Discontinued
- Washing Machines and Refrigerators
- Focus Areas
- Home automation, HVAC, B2B, electricals, energy solutions
- Customer Support
- Spare parts and warranty will continue
- Reason
- Global restructuring and market dynamics
