HomeNewsPanasonic launches its new IoT enabled ACs in India, plans to increase market share by 10% in the air-conditioner segment

Panasonic launches its new IoT enabled ACs in India, plans to increase market share by 10% in the air-conditioner segment

Most Read

Electronic maker Panasonic India is planning to increase its market share in the air-conditioners segment from six percent last year to 10 percent in the next financial year.

Speaking at the launch of Panasonic’s new range of connected air-conditioners, Gaurav Sah, Business Head for Air Conditioning Group, Panasonic India, said, “We are expecting an aggressive growth, catering to the growing preference for connected ACs with this launch.”

- Advertisement -

“We aim to take our market share to 10 percent and 25 percent – 30 percent growth in the air conditioner segment in FY 2020-21,” he said.

Describing the features of new air conditioners, Gaurav said, “The new connected AC comes with customized sleep mode features that allow users to program different temperatures throughout the night for a comfortable sleep.”

“It also comes with AI-enabled Miraie App, comfort with better cooling via JetStream, and aero-wing technology, and health with its Nanoe-G technology,” Gaurav added.

Speaking on the price, Gaurav said, “The new range of IoT-enabled Panasonic inverter split air-conditioners will start from Rs 35,990.”

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

How Logistics Industry Is Helping The e-Commerce Industry In Their Supply Chain Journey?

In the ever-evolving landscape of the Internet retail industry, the past five years have witnessed nothing short of a...

Seven Trends To Look In The Storage Industry

The constantly evolving storage industry shows no signs of abating, with stakeholders experimenting with new technologies and offering novel...

AI And India’s Software Industry: An Interview with Piyush Goel of Beyond Key

In this interview, Piyush Goel, Founder of Beyond Key spoke about the future of AI in India's software and...

MG Hector Diesel Offers Best Resale Value Against Other SUVs in India Reveals Droom Study

Droom, India's leading automobile e-commerce platform, conducted a study to find out which SUV offers the best resale value....

Apple’s first ever dual-sim iPhone

The Indian Apple users are in for a treat as the leading smartphone manufacturer introduces its first-ever dual SIM...

Dell Explores Fresh Investment in Karnataka; While Global Foundries eyes expansion in Bengaluru

In a strategic move aimed at strengthening its presence in the region, Dell, a leading technology conglomerate based in...