New Delhi: Panasonic Life Solutions India, a diversified technology company, today announced the strategic integration of its Industrial Devices (INDD) and Energy Solutions (ESD) divisions into a consolidated entity – Panasonic Industry & Energy India (PIDEIN). The move is designed to enhance organizational agility, foster synergies for an improved customer experience, drive operational excellence, and align with the company’s long-term growth strategy for India.
The newly created PIDEIN will be led by Narayan Kumar, appointed as Chief Business Officer (CBO). Previously serving as Divisional Director of Panasonic Industrial Devices Division (INDD), Kumar brings extensive experience across B2B domains, a strategic outlook, and a strong customer-centric approach. He will report to Tadashi Chiba, MD and CEO, Panasonic Life Solutions India (PLSIND).
Commenting on the development, 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, PIDEIN, added, “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 has specialized in advanced electronic and electromechanical components, including passives, sensors, relays, microswitches, BLDC motors, and automation products such as servo systems, PLCs, HMIs, and sensing solutions.
Meanwhile, the Energy Division (ESD) focused on sustainable energy solutions for India’s green transition, offering lithium-ion batteries for electric vehicles (EVs), renewable energy storage systems, and energy management solutions for residential, commercial, and industrial applications.
The creation of PIDEIN reinforces Panasonic’s commitment to building a customer-oriented organization while advancing its global mission of contributing to society through sustainable, innovative solutions.
