Panasonic India to Reach Break-even This Year & Then Start Growing
2012-09-17
Manish Sharma, MD, consumer products business of Panasonic India has in a press interview stated that this year the company expects to wipe out accumulated losses of approximately Rs 1.5 billion (US$ 27 million) on a consumer product sales target of Rs 55 billion (US$ 987 million) out of total revenues of Rs 100 billion (US$ 1.8 billion).
