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KANWALJEET JAWA
AC makers raise prices by 5–15% ahead of summer as input costs climbRoom air-conditioner prices are rising by 5-15% as manufacturers face higher costs for copper, aluminium, and freight. This price adjustmen...- 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...
- 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...
- Unprecedented AC demand forces makers to airlift components from abroadAir-conditioning manufacturers in India are facing a surge in demand due to a relentless heatwave, leading to emergency airlifting of compo...
- AC makers clock two-fold jump in sales in May amid scorching summerVoltas, LG Electronics India, Blue Star, Daikin India, and Panasonic India have all experienced significant growth in AC sales in May, with...
- 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...
- AC sales dip 15 pc in April as temperature falls; expected to recover in MayUnseasonal rains in north India during April-end and May beginning have put brakes on sales of cooling products such as air conditioners, r...
- Heatwave, pent-up demand, hybrid work push up summer product sales by 75-120% in March-AprilSales of cooling appliances AC and refrigerators expanded 15-20% in the past two months compared to the entire summer season sales, from Ma...
- Heating up the market with growth & innovation: Daikin aims to achieve net-zero CO2 emissions by 2050Daikin is in the process of setting up its third factory by 2022, as the company looks at its Indian subsidiary to ramp up manufacturing.
- Government to consider process re-engineering, look beyond Delhi, Mumbai for Ease of Doing Biz: DPIIT Joint SecyIndia’s quick rise to the 63rd spot in World Bank’s Ease of Doing Business index mainly deals with resolving the regulatory issues in Delhi...
- Appliances, electronics industry seek nod from local authorities to restart productionIndividually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased ...
- They like it hot! Some companies have a summer to cheerACs, packaged cold beverages see double-digit sales growth this April.
- 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.
- AC makers expect a double-digit sales growth this summerAC makers also hope that slightly higher temperatures this summer, as predicted by the Met department, will push sales in the coming months.
- 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 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, ...
- Indians popular choice for senior roles at Asian companiesIn the past three months, Nikon and Sony have appointed Indians — Sajjan Kumar and Sunil Nayyar — to lead their local operations, which wer...
- Indians are top picks for CXO jobs at Asian firmsIn the past three months, Nikon and Sony have appointed Indians — Sajjan Kumar and Sunil Nayyar — to lead their local operations, which wer...
- Kanwaljeet Jawa becomes 1st Indian to be appointed as board member of DaikinToday, Daikin Industries Limited finds significant contribution from overseas businesses led by local management across the globe, the rele...
- Daikin renews sponsorship with Delhi DaredevilsDaikin has renewed its sponsorship deal with Delhi Daredevils for the second year in a row for the IPL, slated to be held from April 9 to M...
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