Panasonic Corporation, the Japanese manufacturer of consumer electronics & home appliances, will set up an India R&D center consisting of two technical divisions – a design division of appliances (focusing on India) and an offshore development division.

The design division will focus on product development processes for India and its neighboring countries, while its offshore development project will be in partnership with Tata Elxsi, at Bangalore. Through this division, it will develop technologies for artificial intelligence and robotics applicable to appliance products not only for India, but also for Japan and global markets, reports Business Standard.

“Globally, India has been identified as one of the strategic regions for growth. The prospering economy, increasing buying power and a conducive environment for manufacturing has transformed India into a growth magnet for the world, said Tetsuro Homma, president of appliance company and senior managing director, Panasonic Corporation.