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, ...
19 Apr, 2026, 06.29 AM IST
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...
15 Apr, 2026, 07.57 AM IST
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 ...
15 Apr, 2026, 06.00 AM IST
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...
09 Apr, 2026, 12.45 AM IST
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...
06 Mar, 2026, 08.08 PM IST
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...
17 Jul, 2025, 10.04 PM IST
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...
17 Dec, 2024, 01.01 PM IST
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...
23 Jun, 2024, 04.04 PM IST
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 ...
18 Jan, 2024, 09.31 PM IST
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...
08 May, 2023, 05.06 PM IST
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.
14 Apr, 2022, 09.50 PM IST
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...
07 Apr, 2022, 12.06 PM IST
Daikin India heats up markets with a cool ideaDaikin also sees it as a catalyst to drive up AC penetration in the market.
23 Sep, 2019, 01.15 PM IST
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, ...
06 Jan, 2019, 01.05 PM IST
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...
25 Aug, 2013, 11.44 AM IST
- 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...
04 Jun, 2012, 02.42 PM IST
- 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...
14 Sep, 2011, 01.37 PM IST