Haryana added a new chapter of Industrial development on Wednesday as the global electronic giant Panasonic’s first ‘eco ideas’ factory in India was inaugurated at Model Economic Township, Dadri Toya in district Jhajjar, about 50 kilometer from New Delhi.
Haryana Chief Minister Bhupinder Singh Hooda inaugurated the new manufacturing unit spread over an area of 76 acres in the upcoming Model Economic Township, which is 100 per cent owned by the Panasonic Corp. The firm will invest about 200 million USD that is about Rs 1100 crore upto the year 2015 and provide direct employment to 2,000 persons. This factory promises not just state-of-the-art manufacturing of high-tech products, but also brings much-needed employment, economic growth, and social benefits to the state. In addition to creating hundreds of jobs, vocational training will be offered to improve the technical skills of the people working in and around the Jhajjar facility, helping them increase their employment opportunities.
Addressing the inaugural function, Haryana Chief Minister Bhupinder Singh Hooda said that the Panasonic factory was a beginning which would transform the region and prove to be a milestone in the development of the state. He said that Panasonic would provide jobs to 2,000 persons and the full development of industrial zone would open job opportunities to about 3.5 lakh persons. He said that it is a matter of pleasure that DENSO manufacturing unit is also near completion, which would further boost the industrialization of the state.
Hooda said that Panasonic had setup first unit in the country in 1972 and has created a niche for itself at the global level. He also complemented the Panasonic for early completion of first phase of the project and setting up first green and eco friendly manufacturing facility in the state. He said that the firm would invest more than Rs 1,000 Crore in next five years. He also called upon the Panasonic to provide training and technical educational facilities to the state youth so that they could be equipped for the technical jobs in such manufacturing units.
Managing Director of Panasonic Corporation’s Asia Pacific & Middle East Asia unit,Yori Hisa Shiokawa said that India is considered as one of the fastest growing economies with outstanding market potential.
Haryana Chief Minister Bhupinder Singh Hooda inaugurated the new manufacturing unit spread over an area of 76 acres in the upcoming Model Economic Township, which is 100 per cent owned by the Panasonic Corp. The firm will invest about 200 million USD that is about Rs 1100 crore upto the year 2015 and provide direct employment to 2,000 persons. This factory promises not just state-of-the-art manufacturing of high-tech products, but also brings much-needed employment, economic growth, and social benefits to the state. In addition to creating hundreds of jobs, vocational training will be offered to improve the technical skills of the people working in and around the Jhajjar facility, helping them increase their employment opportunities.
Addressing the inaugural function, Haryana Chief Minister Bhupinder Singh Hooda said that the Panasonic factory was a beginning which would transform the region and prove to be a milestone in the development of the state. He said that Panasonic would provide jobs to 2,000 persons and the full development of industrial zone would open job opportunities to about 3.5 lakh persons. He said that it is a matter of pleasure that DENSO manufacturing unit is also near completion, which would further boost the industrialization of the state.
Hooda said that Panasonic had setup first unit in the country in 1972 and has created a niche for itself at the global level. He also complemented the Panasonic for early completion of first phase of the project and setting up first green and eco friendly manufacturing facility in the state. He said that the firm would invest more than Rs 1,000 Crore in next five years. He also called upon the Panasonic to provide training and technical educational facilities to the state youth so that they could be equipped for the technical jobs in such manufacturing units.
Managing Director of Panasonic Corporation’s Asia Pacific & Middle East Asia unit,Yori Hisa Shiokawa said that India is considered as one of the fastest growing economies with outstanding market potential.