Bengaluru: Having made its foray into the homes and living space in India, manufacturers of electronic and electrical construction materials, Panasonic Friday said it wants to open 31 showrooms in the country by 2020.
These stores, which Panasonic has named as "Living Stores" will help improve the living condition, said Dinesh Aggarwal, joint-managing director of Panasonic Life Solutions India.
"This year we are planning to open 11 stores, already, we have one in Ahmedabad. Today two stores were opened. Eight more will start in the next eight months. We believe that we need at least 30 stores in India," he said.
In South India, the cities to have Panasonic showrooms other than Bengaluru were Kochi, Chennai and Hyderabad, Aggarwal said.
He was speaking at the launch of Panasonic's first exclusive L-Class Modular Kitchen experiential and franchise store in Bengaluru.
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The flagship showroom in 5,200 sq ft in Indiranagar will have L-Class modular kitchens, flagship and experiential store whereas the franchise showroom is located in Koramangala.
Speaking to ETV Bharat, Joint Managing Director of Panasonic (India) Dinesh Aggarwal said, "we have entered the market a little late but we are confident we will do good in the market and also Automatic toilets will also be introduced in India."
Earlier Modular kitchen market was ruled by Italian and German makes but this is the first time Japanese company is entering into this industry. This modular kitchen will start from the range of 8 lakhs and the company is confident that it will do well in the market .
Panasonic has also stepped in to create smart cities in India, he said adding the company has provided surveillance system in Madhya Pradesh's capital city Bhopal and Indore.