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DAIKIN INDIA MANUFACTURING
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...
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...
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 to accelerate supply of Made in India products, third plant goes on streamThe new plant spread across 75.5 acres has been set up as part of a PLI scheme and it helps the company leverage on India's manufacturing p...
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 to go ahead with its plan for third manufacturing unit in IndiaThe company, which has plans to set up a third manufacturing unit in South India, would make an announcement regarding it very soon after f...
New AC series, 3rd manufacturing facility: How Daikin India is charting a cool growth trajectoryJapanese air conditioner maker Daikin is bullish on its India business.
Daikin starts operations at second factory in NeemranaThe new facility compliments the existing factory that has an Airconditioning Training & Development Centre and a R&D Centre.
Daikin eyes Rs 2600 crore turnover, aims to be top HVAC player in India"The turnaround in Daikin's fortunes in India is largely an outcome of higher localisation," Kanwal Jeet Jawa, managing director, DAIPL.
- Exedy India to delist shares from Indian bourses
Exedy India is delisting its shares from Indian bourses by offering exit route to the minority shareholders.
- 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...
- Daikin launches 20 new AC models
Daikin Air-conditioning India today unveiled 20 new models here as part of its plans to deepen its market in the country.
- Daikin to invest Rs 160 cr in Rajasthan
Daikin Airconditioning India Pvt Ltd, a fully-owned subsidiary of Japan-based Daikin Industries, announced an investment of Rs 160 crore fo...