Consumer electronics manufacturer, Panasonic, plans to set up R&D unit in Bengaluru in association with Tata Elxsi, an integrated design and technology service company, to strengthen its appliances business.
The company in a statement said, “The new R&D center will develop technologies such as artificial intelligence and robotics from India for its global operations and also help in product designing in local product manufacturing.
The Indian R&D establishment will have two centers - a Design Division, which would be based at Panasonic's Jhajjar unit and one Offshore Development Division based at Bengaluru.”
Tetsuro Homma, President, Appliances Company & Senior MD, Panasonic Corporation, said, "The launch of the R&D centre in Bengaluru aims to grow Panasonic's business in the ISAMEA (India, South Asia, Middle East and Africa) region with a medium and long-term strategic view.”
Madhukar Dev, CEO & MD, Tata Elxsi, said, "Panasonic India, with its Japanese reputation of technology and innovation, is an important partnership for us, and together with technologies like IoT (Internet of Things), we aim to drive the next generation of home appliances from India to the global market.”
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