Indian operations president gets global role in Panasonic
NEW DELHI: The $63 billion Japanese electronics and industrial giant Panasonic has accorded a critical role to senior executive Manish Sharma. Sharma gets a key management position in the global appliances business almost a year after he cracked into the Osaka-headquartered company's executive council.
Sharma is currently the president of Panasonic's India business, and his upgrade makes him the only Indian to have cracked into the Japanese company's global management team.
The Indian market has grown the fastest in Panasonic's global operations and finished 2016-17 with revenues of Rs 10,000 crore, up 15% from last year.
“The elevation to this global position is a big opportunity for me to play a significant role in Panasonic's business strategies,“ Sharma told TOI. “The exposure in company's worldwide operations will also be important for giving a direction to business in India as work here can be aligned to global strategies.“
The appliances business is worth nearly $17 billion for Panasonic and Sharma will be a top VP in-charge of shaping global business plans for this division, which will be headed by president Tetsuro Homma. Sharma said that Kazuhiro Tsuga, the global president of Panasonic, wants to increase participation from regional operations as the company looks at a de-centralised approach to global business development and strategies.
Sharma is currently the president of Panasonic's India business, and his upgrade makes him the only Indian to have cracked into the Japanese company's global management team.
The Indian market has grown the fastest in Panasonic's global operations and finished 2016-17 with revenues of Rs 10,000 crore, up 15% from last year.
“The elevation to this global position is a big opportunity for me to play a significant role in Panasonic's business strategies,“ Sharma told TOI. “The exposure in company's worldwide operations will also be important for giving a direction to business in India as work here can be aligned to global strategies.“
The appliances business is worth nearly $17 billion for Panasonic and Sharma will be a top VP in-charge of shaping global business plans for this division, which will be headed by president Tetsuro Homma. Sharma said that Kazuhiro Tsuga, the global president of Panasonic, wants to increase participation from regional operations as the company looks at a de-centralised approach to global business development and strategies.
