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Panasonic India Chairman Manish Sharma steps down after leading company for 13 years
The Hindu· 2025-11-08 17:12
Core Insights - Manish Sharma has resigned as Chairman of Panasonic Life Solutions India after over a decade of leadership, with plans to assist in a smooth transition until the end of the year [1][3] - Sharma's departure is described as a personal decision, and he intends to announce his future plans in January 2026 [2] - Under Sharma's leadership, Panasonic has significantly enhanced its presence in the appliance market, particularly in room air conditioners and LED TVs [4] Company Developments - Sharma has been pivotal in shaping Panasonic's business strategy and growth in India, contributing to the company's competitive positioning in the market [3] - Panasonic India has seen increased local production across various product lines during Sharma's tenure, aligning with the "Make in India" initiative [5] - The company has also benefited from Sharma's involvement in industry bodies, including the Electronics Manufacturing Committee of FICCI and the SCALE Committee, aimed at boosting local manufacturing and exports [6] Leadership Transition - Tadashi Chiba will continue to manage the India business as Sharma transitions out of his role [3] - Sharma's resignation was announced during a town hall meeting attended by Panasonic Corporation's CEO, indicating the significance of the leadership change [4]