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Electronics giant Panasonic wants Singaporeans to eat its veg

04
Aug
2014

By Aradhana Aravindan SINGAPORE (Reuters) – Japans Panasonic Corp, best known for its television sets and home theater systems, wants to feed Singaporeans its radishes and lettuce. The move ties Panasonics deeper push into farming technology with land-scarce Singapores ambition to reduce its near-total reliance on food imports. We foresee agriculture to be a potential growth portfolio, given the global shortage of arable land, climate change and increasing demand for quality food as well as stable food supply, Hideki Baba, managing director of Panasonic Factory Solutions Asia Pacific, told reporters. In Singapore, Panasonics 248 square meter farm is located inside a factory building on the outskirts of the city, where standard fluorescent lighting gives way to a pinkish-purple glow from LED lights brought in to nurture the plants.

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