Panasonic Life Solutions India (PLSIND) has announced the integration of its Industrial Devices (INDD) and Energy Solutions (ESD) divisions into a single entity, Panasonic Industry & Energy India (PIDEIN). The consolidation has been implemented to enhance organisational agility, drive synergy, and strengthen customer experience across the company’s B2B offerings in India.
Narayan Kumar has been elevated as Chief Business Officer (CBO) of the newly formed PIDEIN. He has previously served as Divisional Director of the Industrial Devices Division and brings extensive experience across B2B domains to his new role. He will report to Tadashi Chiba, MD and CEO of PLSIND.
The Industrial Devices division has focused on electronic and electromechanical components, including sensors, relays, microswitches, BLDC motors, and automation products such as servo systems, PLC, HMI, and sensing solutions. Meanwhile, the Energy Solutions division has concentrated on sustainable energy technologies, including lithium-ion batteries for electric vehicles, renewable energy storage systems, and energy management solutions for residential, commercial, and industrial applications.
The integration has been framed as a strategic move to create a more customer-centric organisation, foster operational excellence, and align with Panasonic’s long-term strategy in India.
Commenting on the development, Tadashi Chiba, MD and CEO of 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, 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.”
