In order to discover Indian startup ecosystem partners for the effective adoption and commercialization of Nessum HD-PLC, Panasonic will make use of T-Hub’s experience.
In order to facilitate the commercialization of Panasonic’s state-of-the-art Nessum High Definition – Power Line Communication (HD-PLC) Technology in India, Panasonic and T-Hub established a strategic alliance. This partnership represents a critical turning point in the development of innovation and commercial cooperation between Japan and India.
When building smart environments, Nessum HD-PLC Technology provides an affordable way to communicate data over existing lines, negating the need for new equipment.
Throughout Europe and Japan, the technology has been effectively incorporated into a large number of residential and commercial projects.
In September 2024, a call for applications will be made for the Innovation Challenge, allowing startups in India and beyond to harness the power of Nessum HD-PLC Technology.
The program would involve roadshows in major cities including Hyderabad, Bangalore, and Mumbai. It will culminate in a Demo Day at T-Hub in December 2024, where chosen startups will present their ideas for a possible partnership with Panasonic.
Complete Details About Innovation Challenge, CLICK HERE
In order to discover Indian startup ecosystem partners for the effective adoption and commercialization of Nessum HD-PLC, Panasonic will make use of T-Hub’s experience. Based on their compatibility with Panasonic’s strategic objectives, market potential, and capacity to grow with the company’s assistance, T-Hub will choose partners and startups.
Nessum HD-PLC is one of the technologies that will enable startups to propel innovation in several fields, such as industrial automation, smart spaces, IoT, and linked devices.
Key Comments
“We are excited to deepen our ties with India through our partnership with T-Hub,” said Kotaro Matsuo, Chief Engineer/Marketing Manager at Panasonic Holdings. “As India emerges as a global innovation hub, we aim to create opportunities that benefit both Japanese and Indian technology companies by leveraging Panasonic’s advanced Nessum Technology.”
Sharing his views Manish Misra, Chief Innovation Officer, Panasonic Life Solutions India, said, “Panasonic is dedicated to open innovation, utilizing tech collaboration to address critical challenges for enterprises and end customers. Nessum HD-PLC enables cost-effective data transfer over existing wired cables, particularly beneficial in challenging environments such as concrete or metal structures, underground spaces, tunnels, smart cities, elevators, and robotic machines where distant connectivity is crucial. We are excited to introduce this technology in India for the first time and collaborate with talented Indian startups through our partnership with T-Hub to develop effective communication solutions for enterprises.”
Mahankali Srinivas Rao (MSR), CEO of T-Hub, underscores this potential, stating, “At T-Hub, we are dedicated to nurturing innovation and empowering startups with the resources they need to scale globally. Our collaboration with Panasonic opens new opportunities for Indian startups, providing a unique platform to access the North American and Japanese markets. The Panasonic Innovation Challenge will foster cross-border collaboration, benefiting both ecosystems and driving technology-driven growth.”
The Innovation Challenge commences with a call for applications in September 2024, inviting startups from India and beyond to leverage Nessum HD-PLC Technology.
The program will include roadshows in major cities like Bangalore, Mumbai, and Hyderabad, culminating in a Demo Day at T-Hub in December 2024, where selected startups will pitch their solutions for potential collaboration with Panasonic.
