Panasonic Life Solutions India (PLSIND) has announced the consolidation of its Industrial Devices Division (INDD) and Energy Solutions Division (ESD) into a single entity – Panasonic Industry & Energy India (PIDEIN). The strategic merger is designed to enhance business agility, elevate customer experiences, and strengthen the company’s long-term growth roadmap in India.
Leadership and Structure
The newly formed PIDEIN will be headed by Narayan Kumar, who has been appointed as the Chief Business Officer (CBO). Formerly the Divisional Director of INDD, Kumar brings deep expertise in B2B domains and will report directly to Tadashi Chiba, Managing Director and CEO, Panasonic Life Solutions India.
Commenting on the merger, 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.”
Driving Growth in India’s Manufacturing Landscape
Accepting his new role, Narayan Kumar, Chief Business Officer, 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.”
Kumar further emphasized that the integration enhances Panasonic’s ability to collaborate, innovate, and deliver tailor-made solutions aligned with India’s evolving industrial and energy needs.
Division Expertise and Synergies
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The Industrial Devices Division (INDD) specialized in electronic and electromechanical components such as passives, sensors, relays, BLDC motors, and automation products including PLCs and HMIs.
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The Energy Solutions Division (ESD) focused on lithium-ion batteries, renewable energy storage systems, and energy management solutions catering to EVs, residential, and industrial applications.
By uniting these complementary capabilities under PIDEIN, Panasonic aims to offer integrated, future-ready solutions across key sectors including automotive, infrastructure, automation, ICT, and renewable energy.
Strengthening India’s Sustainable Future
The creation of Panasonic Industry & Energy India reflects the company’s commitment to building a customer-centric, innovation-driven organization. It also underscores Panasonic’s vision to contribute to India’s sustainable growth journey while empowering industries with advanced technologies for a greener, more resilient future.
