New Delhi: Panasonic Life Solutions India (PLSIND) has announced the strategic integration of its Industrial Devices (INDD) and Energy Solutions (ESD) divisions into a single, consolidated entity, Panasonic Industry & Energy India (PIDEIN). The formation of PIDEIN is a strategic step aimed at enhancing organizational agility, driving synergy for an enhanced customer experience, building operational excellence, and aligning with the company’s long-term strategy for India.
The newly integrated PIDEIN entity will be led by Narayan Kumar, who has been appointed Chief Business Officer (CBO) for Panasonic Industry & Energy India. Previously serving as Divisional Director of the Panasonic Industrial Devices Division (INDD), Narayan Kumar brings a wealth of experience in varied B2B domains, a strategic mindset, and a customer-centric approach to his new role. He will report to Tadashi Chiba, MD and CEO of Panasonic Life Solutions India (PLSIND).
Commenting on the announcement, Tadashi Chiba, MD and CEO, PLSIND, said, “The integration of Panasonic Industry & Energy India is a pivotal step in our journey to deliver greater value to our customers and stakeholders. By bringing together our Energy (ESD) and Industry (INDD) divisions under PIDEIN, we are unlocking new opportunities to innovate and deliver solutions that truly matter to our customers. With Narayan’s leadership and expertise, we are confident that PIDEIN will drive innovation, strengthen our market presence, and contribute to sustainable growth in India.”
Narayan Kumar, Chief Business Officer of PIDEIN, said, “I am delighted to have been provided with an opportunity to lead the integrated PIDEIN business in India at a time when the country is at the critical inflection point of strengthening its position in the Global value chain and emerging as a global manufacturing hub. The integrated entity brings together a host of device technologies including electronic, electromechanical components & energy solutions addressing varied customer needs in the Automotive (ICE & EV), Infra ICT, HVAC, Automation segments, thereby enabling our customers build products for a self-sustaining & greener future in India.This integration strengthens our ability to collaborate, innovate, and deliver solutions tailored to the country’s evolving needs. I look forward to working with our teams, partners & customers to drive growth, innovation, and long-term value creation.”
Panasonic’s Industry Division (INDD) in India specializes in advanced electronic & electromechanical components including passives, sensors, relays, microswitches, BLDC motors & automation products, including servo systems, PLC, HMI, Sensing solutions.
The Energy Division (ESD) focused on sustainable energy solutions to support India’s transition to a greener future. The portfolio included lithium-ion batteries for electric vehicles (EVs), renewable energy storage systems, and energy management solutions for residential, commercial, and industrial applications.
The establishment of PIDEIN underscores Panasonic’s commitment to building a customer-oriented organization while advancing its global mission of contributing to society through sustainable and innovative solutions.
