Panasonic India to Double its Revenue in 2012

Panasonic India has put its act together and beaten the slump in the durables market by registering a growth of 70% in 2011 despite the industry suffering its worst year with growth halving to 6%. The company which clocked a revenue of Rs. 55 billion (US$ 1 billion) in 2011, is targeting Rs. 100 billion (US$ 2 billion) in 2012.