https://www.thehindubusinessline.com/companies/panasonic-india-to-discontinue-washing-machines-refrigerator-categories/article69738989.ece Copy Panasonic Life ...

Panasonic is exiting from the refrigerator and washing machine segments in India, as part of global restructuring of business by the Japanese appliances and consumer electronics major. Both the ...

Panasonic Holdings is exiting the refrigerator and washing machine segment in India as part of a strategic pivot towards more profitable and innovation-driven verticals. According to a report by The ...

Panasonic Holdings is exiting India's refrigerator and washing machine sectors due to intense competition and low market share, impacting its consumer electronics business. The company will shut down ...

Both the refrigerator and washing machine segments were a loss-making businesses for Panasonic in India, where it was struggling to make a space in the market.