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New Delhi: Panasonic has decided to stop selling refrigerators and washing machines in India. This marked a big shift in strategy for the market. While its other products will still be available, this move has surprised many and could impact jobs. Interestingly, the exit has turned into a win for rivals Whirlpool and Voltas, whose shares jumped after the news broke on June 26. Panasonic struggled to gain a strong foothold in India's refrigerator and washing machine market, as per a report by Th ...Read More >
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