Panasonic eyes Rs. 650 cr from IT biz in FY-13

Electronics major Panasonic India is aiming to clock Rs. 650 crore in revenues for the full year ended March 2013 from its IT products.

Electronics major Panasonic India is aiming to clock Rs. 650 crore in revenues for the full year ended March 2013 from its IT products.

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Panasonic, which caters to mostly SMEs and large enterprises for its IT products, on Wednesday also launched ‘ToughPad’ and Windows 8-powered rugged ultrabook, targeting the government, utilities and manufacturing firms.

“Panasonic’s system sales division has been growing at 40%. Globally, our Toughbook makes a strong contribution to revenues and we expect it to be similar in India too,” Panasonic India MD system sales Toru Hasegawa said.