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India's former Prime Minister
Late Mrs. Indira Gandhi when visited Japan, she was highly
impressed by the business policy of Late Mr. Konusuke Matsushita.
It was then decided to set up a dry cell battery unit in financial & technical collaboration with Matsushita Electric
Industrial Company Limited, Japan, the leaders in this field. |
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Late Mr. D. D. Lakhanpal, the
founder of the Panasonic Energy India Co. Ltd. formerly Panasonic Battery India Co.Ltd & Mr. Konusuke Matsushita laid the foundation stone of the Lakhanpal National Limited, on 15th August 1972 at G. I. D. C.
Makarpura Industrial Estate, Vadodara. |
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The incorporation of the
company took place on 24th May 1972. |
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The building work & installation of the
machinery from Japan was undertaken rapidly & the production
commenced from 2nd July 1973 with metal jacketed cell in
Hyper Grade in UM-1 & UM-2 segments. On 1st October 1973 the
company, Vadodara introduced Hi-Top grade performance cell
for the first time in India & on 1st January 1976 it
introduced paper jacketed "SPECIAL" cells. Since then the
company has progressed between ups & downs by sincere
efforts of management & employees and the future has been
paved for higher achievements.
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