Panasonic is looking to add over 3,500 people by 2018 in India as it looks to invest more production facilities there.
"report Wednesday.shall focus on making India a manufacturing hub and will export products from India to other markets like Middle East and African region," said the company, according to a Times of India (TOI)
The Indian market is important for Panasonic, where demand is growing, said Yorihisa Shiokawa, managing director for Asia-Pacific at Panasonic. He was speaking to reporters at a opening of Panasonic's sixth plant in India.
"As per our target, India will be the second-largest market in Asia-Pacific after China," Shiokawa added.
The company estimates India will contribute US$10 billion revenue by 2018, noted the report.
Panasonic currently has a workforce of about 12,650 people in India, according to TOI.
Just last month, the Japanese electronics firm announced , axing another 10,000 jobs globally. In that same month, it was also along with Sony by ratings agency firm Fitch, which cited "weakness" in both businesses.