Panasonic India’s Manish Sharma steps down
PanasonicPanasonic(US:PCRFY) BusinessLine·2025-11-07 17:32

Core Insights - Manish Sharma, Chairman & ESGO of Panasonic Life Solutions India, will be stepping down after 17 years, continuing to support the organization during the transition [1] - Tadashi Chiba will remain as MD and CEO, overseeing the India business [1] - Sharma expressed pride in Panasonic's growth in India, highlighting the company's evolution into a trusted partner impacting millions of lives [1] - Masahiro Shinada, CEO of Panasonic Corporation, acknowledged Sharma's contributions in establishing India as a key market and manufacturing hub [2] - Under Sharma's leadership, Panasonic expanded its local manufacturing capabilities, including the establishment of its largest facility in Jhajjar, Haryana [2] - The company announced its exit from the washing machine and refrigerator business to concentrate on more profitable HVAC and B2B sectors [3]