Panasonic and T-Hub Collaborate to Drive Adoption of Nessum Technology in India
In a significant move to foster innovation and business collaboration between India and Japan, Panasonic has partnered with T-Hub, India’s premier startup incubator, to accelerate the commercialization of its cutting-edge Nessum technology in India. This strategic collaboration aims to drive the adoption of cost-effective data communication solutions over existing wiring, reducing the need for additional infrastructure when creating smart spaces.
Empowering Indian Startups
Panasonic will leverage T-Hub’s expertise to identify and collaborate with Indian startups that align with its strategic goals. This partnership is set to empower startups by driving innovation across various sectors, including smart spaces, IoT, industrial automation, and connected devices. T-Hub will select startups based on their market potential and readiness to scale with Panasonic’s support.
Panasonic Innovation Challenge
To further drive this initiative, the Panasonic Innovation Challenge has been launched, inviting startups from India and beyond to leverage Nessum technology. The program includes 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.
This collaboration marks a significant milestone in fostering cross-border innovation and technology-driven growth, benefiting both ecosystems and driving advancements in smart spaces and beyond.