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Panasonic eyes Rs 500-crore sales from LED segment by FY19

The company is expanding its portfolio to commercial, hospitality, industrial space in the architectural and commercial luminaries besides the home category.

Anchor Electricals aims to be export hub for Panasonic

Anchor is also exploring opportunities in the solar segment in the country. It has has set a target of 100 MW in installations by 2018 in this segment. "We have started solar segment and exports last year. We expect these to grow at a rapid pace in the near future," Anchor Electricals' Director - Sales and Marketing, Ashok Gangar told PTI.

Anchor Electricals to invest Rs 150cr in manufacturing unit

The facility will produce a complete range of wiring devices, it said in a statement. With the new unit, the company would scale up its capacity as per the planned phase wise expansion in the additional space.

Anchor looking at buyouts in switches, lighting biz

Panasonic India wholly-owned subsidiary Anchor Electricals is eyeing acquisitions in the switches and lighting businesses to enhance its growth, a top company official has said.

Anchor eyes 25% revenue growth in FY13

Japanese electronics major Panasonic India's wholly-owned subsidiary Anchor Electricals is eyeing to grow its revenue by nearly a quarter more this fiscal over the past year, given the rising demand for its new products.