Skyworth and Jaina JV to produce Panasonic TVs in India with fresh local supply chain push

Panasonic TVs get a new maker in India next month
Skyworth Group, the China-based TV and appliance maker, is partnering with India’s Jaina Group to manufacture and sell Panasonic-branded televisions in India. Industry sources say Jaina is likely to hold at least a 51% stake, while Skyworth takes the remainder, though the exact structure wasn’t disclosed. The agreement was signed in China and the partners plan to launch a new product range next month. The JV also aims to build local supply chain capabilities, building on Jaina’s recent role as Panasonic’s distribution partner in India.
- Skyworth and Jaina are forming a JV for Panasonic-branded TVs
- Jaina is expected to hold a majority stake of 51% or more
- The term sheet was signed in China on Wednesday
- A new Panasonic TV range is planned to launch next month
- The JV will prioritize building India-based supply chain capabilities
- Jaina already became Skyworth’s Panasonic distribution partner last month
This summarization was done by Beige for a story published on
The Economic Times
