Panasonic Life Solutions is spending an average of Rs 150-200 crore every year, initially on expansion of capacity and establishment of the quality system, etc, now the the fund is being redirected towards product development, new product launches, etc., Dinesh Aggarwal, Joint Managing Director, Panasonic Life Solutions India, said in an exclusive interaction with Tanya Krishna.

Panasonic Life Solutions is planning to further increase its fund infusion, as and when required for growth and further diversification and the company is taking technology and sustainability as the main theme of the way ahead. Aggarwal also talked about the diversification of business at the company, while also inclining towards a more B2B approach when it comes to growth and expansion of the firm.