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.
