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Panasonic to start manufacturing refrigerators in India Mumbai: Panasonic Corporation, the Japan-based electronics company, plans to set up a new plant at Jhajjar in Haryana, which will manufacture refrigerators for the Indian market, along with setting up a research and development (R&D) center for a...

Business Standard December 08, 2016

Panasonic steps up India focus Mumbai: Mr Tetsuro Homma, Senior Managing Director, Panasonic Corporation, has stated that India remains a long-term attractive proposition for the company, and Panasonic will invest in its India operations to develop as a hub for not only south and ...

Business Standard December 07, 2016

China's biggest carmaker to drive into India Mumbai: China’s biggest automobile manufacturer, SAIC Motor, plans to invest US$ 1 billion in India by 2018, and is exploring possibilities to set up manufacturing unit in one of three states – Maharashtra, Andhra Pradesh and Tamil Nadu....

Business Standard December 05, 2016

Government removes excise duty on PoS machine manufacturing to ease cash flow New Delhi: The Government of India has announced the removal of 12.5 per cent excise duty and 4 per cent special additional duty (SAD) on the manufacturing of point-of-sale (PoS) machines till March 31, 2017, which is expected to give a boost to the ...

Livemint November 29, 2016

German home appliances major BSH opens technology centre in Bengaluru Bengaluru: BSH Home Appliances Group, one of the leading home appliances manufacturer worldwide, has opened its first technology centre in India at Adugodi, Bengaluru, which will enable the company to further develop localised technologies for the In...

Business Standard November 25, 2016
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