The govt has also given an in-principle approval for setting up of 10 electronics clusters and plans to invest Rs 5000 crore on them via PPP.
The government had got electronics manufacturing proposals worth Rs 15,000 crore, from companies like Panasonic , Continental, Bosch , Samsung, Motherson Sumi , Sonic and Tata Power , sources tell CNBC-TV18.
The government has been seeing interest in automotive electronics, consumer appliances and strategic electronics and is learnt to have received fifty-plus proposals since launch of Digital India.
It has also given an in-principle approval for setting up of 10 electronics clusters and plans to invest Rs 5000 crore on them via PPP.
Panasonic App stock price
On December 04, 2014, Panasonic Appliances India Company closed at Rs 249.15, up Rs 11.85, or 4.99 percent. The 52-week high of the share was Rs 286.90 and the 52-week low was Rs 47.05.
The latest book value of the company is Rs 7.87 per share. At current value, the price-to-book value of the company was 31.66.
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