Panasonic India has announced its strategic exit from the loss-making refrigerator and washing machine segments as part of a comprehensive global business restructuring. With market shares of merely 0.8% and 1.8% respectively, these product lines have consistently underperformed in India over the past six years. The company is refocusing on future-ready sectors including home automation, HVAC, B2B solutions, electricals, and energy solutions to drive sustainable growth.
