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DAIKIN INDIA
What if your AC could reveal its true monthly cost & detect faults before they turn into expensive repairs? Startup explains how it canHelium Air, a new AC startup, is challenging established brands like Voltas and LG by focusing on transparency and technology. The company ...
Curbs on compressor imports could hit supply of ACs & refrigerators, warn companiesThe concern follows a May 8 order by the Department for Promotion of Industry and Internal Trade (DPIIT), which links compressor imports in...
West Asia Conflict: Supply chain woes hit smaller brands harder amid inflationAmid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. Th...
Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcingIndian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
Startups spot a cool opening as ACs become everyday needAir-conditioners are becoming an essential purchase in India, attracting startups like Helium and Optimist into a market long dominated by ...
Daikin Industries to invest Rs 1,000 crore in India for global R&D centreDaikin Industries is set to channel a monumental one thousand crore rupees into India to launch its first global R&D hub beyond Japan. This...
Daikin to go for 7-12% price hike as raw material costs increaseDaikin India will raise prices by up to 12 percent starting April 2026. This adjustment is due to increased raw material and supply chain e...
Daikin India looks to expand in North markets, opens new office in ChandigarhDaikin Airconditioning India inaugurated its new Chandigarh office, signaling an aggressive expansion in Punjab and Haryana. With a Rs 2,80...
Daikin India and Rechi Precision, Taiwan set up JV for compressor manufacturing, design and sales for HVAC industryDaikin India and Taiwan's Rechi partnered to make AC compressors in Sri City. The new factory will start production by late 2024. This redu...
Daikin to sell 2 million units of AC in FY25, expand manufacturing capacity of compressorsDaikin is focused on increasing its localisation level, leveraging the PLI scheme for the air conditioning sector. The company plans to enh...
Daikin targets a turnover of Rs 100 crore from Northeast India in next fiscal yearThe company has come with a new office in Guwahati. Kuldeepak Virmani, Senior Vice President & Executive Director, Daikin India who was in ...
Daikin India becomes billion-dollar company, expect to double business in next 3 yearsDaikin Airconditioning India, a wholly-owned subsidiary of Japan's Daikin Industries, expects to double its business in India to $2 bn in t...
Daikin India unveils new factory, upskilling campus to fuel future growthThe new manufacturing facility and training institute will help it become India's largest AC equipment maker.
Daikin lays foundation stone of its upcoming third mfg facility at Sri City, Andhra PradeshThis new factory would be ready for commercial production in 2023, and would elevate Daikin India to become the largest manufacturer of Air...
Daikin India heats up markets with a cool ideaDaikin also sees it as a catalyst to drive up AC penetration in the market.
Daikin India aims 100 billion yen turnover in 2 years on growing sales, exportsThe company, which has two functional units in Neemrana, Rajasthan, is in the final stages to select for its third manufacturing facility, ...
Daikin India to invest Rs 330 crore this fiscalDaikin India will invest Rs 330 crore in the current financial year to double its production capacity for room air conditioners in the coun...
- Daikin targets 15% share in the Indian AC market
World's largest air-conditioning company, Daikin is eyeing 15% market share in India in this fiscal by entering into smaller towns and citi...
- Daikin India to pump in Rs 250 cr for expansion
This second phase of investment is in line with the company's vision to develop and market products specifically designed for the discernin...