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DAIKIN INDIA EXPANSION
The Japan-India Summit: Strategy maturing into substanceJapan's Prime Minister Sanae Takaichi's visit to India signals a deepening economic partnership, focusing on resilient supply chains and hi...- 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 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...
- Japan's Daikin invests ₹1.400 crore in India unit to boost outputJapan's Daikin Industries has invested ₹1,400 crore in its Indian subsidiary to enhance local manufacturing. The funds will support the exp...
- KRN Heat Exchanger and Refrigeration to float IPO on Sep 25KRN Heat Exchanger and Refrigeration Ltd will launch its IPO on September 25, closing on September 27. The company aims to raise funds for ...
- Suzuki Motor to invest aggressively to grow auto industry in India"We will continue to make investments aggressively to grow the industry and make people happy in India and continuously contribute to Atman...
- 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 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 buys air handling unit business of Citizen IndustriesAccording to the industry sources, the deal is estimated to be around Rs 100-125 crore.
- Daikin acquires air handling unit business of Citizen IndustriesAccording to the industry sources, the deal is estimated to be around Rs 100-125 crore.
- Daikin India aims to be a Rs 5,000-crore firm in FY20, looks for 20% growthThe company is also expecting to have around 18 to 19 per cent market share of the residential AC market.
- Smartworks leases 82,000 sq ft in MumbaiWith properties in Fleet House and Lower Parel, Smartworks’ total space in Mumbai is around 2 million sq ft.
- Daikin sees 20 per cent growth in home airconditioner sales on early summer"If summer continues like this, then we are expecting a volume growth between 18-20 per cent this year," Daikin Airconditioning India MD K ...
- Daikin plans new manufacturing unit in India; eyes Rs 2,500 crore turnoverThe company is expecting that new VRV IV technology would help it to consolidate its position in the commercial air conditioning segment.
- Daikin India eyes 25% growth in turnover this fiscalDaikin Airconditioning India is looking at a 25 per cent growth in its business in the current financial year.
- Japanese companies like Sony, Panasonic to ramp up India presence to end Samsung ‘rule’"So much dominance of just one company, Samsung, is not good. We would give them a healthy competition by venturing into several new catego...
- Daikin eyes Rs 2,000 crore revenue this fiscalDaikin Air-conditioning India, a fully-owned subsidiary of the $14-billion Daikin Industries of Japan, is eyeing up to Rs 2,000 crore reven...
- Daikin India to pump in Rs 250 cr for expansionThis second phase of investment is in line with the company's vision to develop and market products specifically designed for the discernin...
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