Panasonic India Restructures Business for Future Growth

Panasonic in India is changing what it sells to make more money.

They're stopping the sale of washing machines and refrigerators because they weren't profitable.

Instead, they are focusing on things like smart home gadgets that can be controlled with your phone and solutions for businesses.

They want to grow a lot in the next few years.

They are also investing in making more things in India, like switches and sockets.

They have a special platform called Miraie that helps make their products smart.

During the holidays, they are offering special deals to sell more of their new products.