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Daikin buys air handling unit business of Citizen IndustriesAccording to the industry sources, the deal is estimated to be around Rs 100-125 crore.20 Dec, 2020, 12.15 PM IST- Daikin acquires air handling unit business of Citizen IndustriesAccording to the industry sources, the deal is estimated to be around Rs 100-125 crore.20 Dec, 2020, 11.18 AM IST
- A cool opportunity for India to be an AC manufacturing hubThe air-conditioning sector is primed for growth, and experts believe India can take advantage of this situation.12 Oct, 2020, 08.50 AM IST
- 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...11 Jun, 2020, 04.46 PM IST
- Daikin India eyes USD 1 billion turnover in two yearsDaikin is planning to have another plant in South India in the next four years to catch up the growing AC market. It will invest around Rs ...24 Jan, 2018, 07.10 PM IST
- GST rates: Walmart says progressive, cola makers cautiousThe GST council has approved a four-tier GST tax structure of 5, 12, 18 and 28 per cent that aims to lower tax incidence on most goods.03 Nov, 2016, 09.16 PM IST
- Heatwave spurs AC sales after a slow start of summerManufacturers like Godrej, Voltas, Daikin and Videocon are witnessing a pick up in AC demand as the mercury hovers above 40 degrees Celsius...31 May, 2015, 12.52 PM IST
- AC manufacturers to tap SOHO segment to boost sales this yearAir conditioner manufacturers are tapping the small office home office (SOHO) segment to boost sales this season, in which demand has been ...20 Apr, 2014, 11.53 AM 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 to hike AC prices by up to 5% from AugustThe rupee has been on a continuous slide against the dollar and had touched an all time low of Rs 61.20 per dollar on Monday.11 Jul, 2013, 02.47 PM IST
- Daikin eyes 75% of its sales from residential market this fiscalDaikin Air-conditioning India expects nearly 75% of its revenues coming in from the residential segment this fiscal compared to 60 per cent...23 Jun, 2013, 12.37 PM IST
- 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...09 Sep, 2012, 01.37 PM IST
- Daikin targets 15% share in the Indian AC marketWorld'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
- Have to gain market share at any cost, asserts AC maker DaikinWorld's largest air-conditioner maker Daikin Industries targets to become one of the top three AC brands in India in three years.15 Feb, 2012, 09.58 AM IST
- 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...14 Sep, 2011, 01.37 PM IST
- Air-conditioner maker Daikin sheds premium tag to compete in mass market in India; take on LG, Samsung and VoltasDaikin has sacrificed its premium tag to compete in the mass market in India segment and narrow the price gap with LG, Samsung and Voltas.13 Jul, 2011, 03.56 AM IST
- Daikin launches 20 new AC modelsDaikin Air-conditioning India today unveiled 20 new models here as part of its plans to deepen its market in the country.14 Feb, 2011, 06.59 PM IST
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