Press release from Business Wire India
Source: Panasonic India
Friday, December 21, 2012 11:00 AM IST (05:30 AM GMT)
Editors: General: Entertainment, People; Business: Business services, Electronic appliances & components, Media & entertainment; Technology
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Mr. Daizo Ito, President - Panasonic India Awarded 'Man of Electronics' Award by CEAMA
New Delhi, Delhi, India, Friday, December 21, 2012 -- (Business Wire India) -- Mr. Daizo Ito, President - Panasonic India, has been felicitated with the ' Man of Electronics' award by Consumer Electronics and Appliances Manufacturers Association (CEAMA). CEAMA is an association of organizations in the consumer electronics and durables sector and comprises of domestic and multinational players.
The award recognizes Mr. Ito's exceptional all round contribution to the Indian Electronics and Appliances Industry and was awarded by Mr. Praful Patel, Minister of Heavy Industries and Public Enterprises.
Accepting this award Mr. Daizo Ito said, "Today, India is the second fastest growing economy in the world and the Indian equity market is emerging as the third-largest equity market globally. I strongly believe that with such a powerful talent pool, a large domestic market and an export market that is moving towards emerging countries, India is all set to become the next Manufacturing Superpower. When I look at other big nations in the Asia Pacific region like China, I see huge potential in the Indian subcontinent to become the next favorite manufacturing hub."
Mr. Daizo Ito is responsible for driving profitable business growth for Panasonic in India and spear heads the entire operations and management for the brand in the country. He leads the implementation of corporate strategy related to the company's personnel, suppliers, potential and actual customers, and investors underscoring the significance of India on Panasonic's global roadmap. Corporate governance and social innovation initiatives for Panasonic's sister concerns and domain companies in India, also fall under Mr. Ito's purview.
About Mr. Daizo Ito
Mr. Ito joined Panasonic India as Chief Executive Officer in April 2008 and he was appointed the President of Panasonic India, starting April 2010. Prior to joining Panasonic India, he served as the CEO of Panasonic Thailand, which comprised 23 (BU) Panasonic group companies spanning across Manufacturing, Sales and Research functions. Before serving in Thailand, he had a thirteen years stint in Sales and Marketing in the United Kingdom and the Asia and Oceania Region. In 2005, he was appointed at the prestigious position in Matsushita Electric Industrial Company, making him one of the youngest ever in Panasonic to receive the distinction.
Mr. Ito's success mantra is based on three core pillars- Empowerment, particularly in promoting local talent to leadership positions within Panasonic India; Localisation, the creation of products within India that meet the specific needs of our customers; and Rich Communication, embracing a spirit of transparency and openness about not just our sustainability work, but about the role that Panasonic plays throughout Indian society. His vision entails making Panasonic, an Indian company in India and thus under his aegis and able guidance the company creates meaningful and innovative products for the Indian consumers keeping in mind their needs. A visionary with exemplary leadership style, his endeavors have made Panasonic a household name in India.
Having embraced a guiding fact for the brand's mission Mr. Ito believes that the surest way to achieve success for the company is to also ensure the success of customers and society in which we work. He believes that building on long relationship with Indians and their culture is increasingly central to achieving business, social, and environmental goals. He leads the entire company in India to work to meet the needs of a rapidly growing society, empowering Indian customers and workforce to live better while living more sustainably.
It is under Mr. Ito's leadership and commitment to expanding product innovation, driven by Indians and for Indians that the company has reached another milestone in its journey in India by the opening of its new manufacturing unit - Technopark in Jhajjar, Haryana. This factory, inaugurated in December 2012, will fuel Panasonic's first priority goal in India of doubling revenue in fiscal 2012-2013. Mr. Ito leads the company with plans to achieve this goal by focusing on three core strategies: pursuing company vision of becoming the No. 1 Green Innovation Company in the Electronics Industry by 2018, integrating Indian expertise into product design and manufacturing processes, and increasing focus on rural development to ensure that Panasonic India performs as a responsible corporate entity contributing to the equitable growth of the entire Indian society.
Another endeavor under Mr. Daizo Ito's direction has been the issue of Panasonic's first sustainability report for the year 2011-2012. Under his tutelage, the brand has already taken great strides in achieving its goals of green innovation and economic improvements to all Indians, as with as with TechnoPark Jhajjar, Ecoskool education partnership, and many other CSR initiatives. The report shows how the company's work, and in particular, their commitment to becoming the No. 1 Green Innovation Company in the Electronics Industry, will help to bring equitable growth to all Indians, while cementing our place as the most admired, desired, and respected electronics brand in India.
Coping with his busy schedule, Mr. Daizo Ito never misses a chance to attribute his constant enthusiasm and motivation to the opportunities to communicate with the staff members that support him. Apart from his obvious interest in his work, he has a keen interest in Golf and when away from work he tries to spend as much time as he can golf.
Panasonic Corporate Vision
Panasonic has a vision to become the No. 1 Green Innovation Company in the Electronics Industry by 2018, when Panasonic will celebrate its 100th anniversary. Panasonic aspires for global excellence as a Green Innovation Company, encompassing two goals: Green Life Innovation to realize green lifestyles to enrich people's lives and Green Business Innovation to bring forth innovation in our business styles.
About Panasonic Corporation
Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products for three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. It aims to become the No. 1 Green Innovation Company in the Electronics Industry by the 100th year of its founding in 2018.The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at http://panasonic.net/.
About Panasonic India
Panasonic makes available in India its wide range of consumer electronics and home appliances like LCD & Plasma TVs, DVD players, home theatre systems, cameras, camcorders, car audio systems, air conditioners, washing machines, refrigerators, microwave ovens, automatic cookers, vacuum cleaners and the like. The company has a workforce of about 12,650 in India and an estimated turnover of Rs 10,000 crores in FY 2012. For more information on the company and the Panasonic brand in India, please visit http://panasonic.co.in.
To view the photograph, please click on the link given below:
Mr. Daizo Ito being feliciated by Mr. Praful Patel - Hon'ble minister of heavy industries and public enterprises
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CONTACT DETAILS
Richa Sethi, Panasonic India, +91 9560498765, richa.sethi@in.panasonic.com
Malvika Sinha, Genesis Burson-Marsteller, +91 9873382955, malvika.sinha@bm.com
KEYWORDS
ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, ELECTRONICS, MEDIA, TECHNOLOGY
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