Amid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. Th...

Indian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...

Air-conditioners are becoming an essential purchase in India, attracting startups like Helium and Optimist into a market long dominated by ...

Daikin 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 India will raise prices by up to 12 percent starting April 2026. This adjustment is due to increased raw material and supply chain e...

Japan's Daikin Industries has invested ₹1,400 crore in its Indian subsidiary to enhance local manufacturing. The funds will support the exp...

Looking for efficient cooling solutions to overcome the extreme heat this summer? Then look no further as we bring to you this comprehensiv...

The 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...

This new factory would be ready for commercial production in 2023, and would elevate Daikin India to become the largest manufacturer of Air...

Daikin also sees it as a catalyst to drive up AC penetration in the market.

The company is also expecting to have around 18 to 19 per cent market share of the residential AC market.

Japanese air conditioner maker Daikin is bullish on its India business.

"The turnaround in Daikin's fortunes in India is largely an outcome of higher localisation," Kanwal Jeet Jawa, managing director, DAIPL.

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 Air-conditioning India Pvt Ltd, a 100% subsidiary of the $14-billion Daikin Industries Ltd, will begin commercial production of resi...

This second phase of investment is in line with the company's vision to develop and market products specifically designed for the discernin...

Japanese air conditioner-maker Daikin today said it will set up a development centre in India as part of plans to roll out products special...