Danfoss completes 20 years of independent operation in India

  • Industry News
  • Feb 01,19
The company entered the Indian market in 1960s and began independent operations in Chennai as a 100% subsidiary of Danfoss A/S from 1999
Danfoss completes 20 years of independent operation in India

Chennai, 31st January 2019: Danfoss, a pioneer in climate and energy efficient solutions, celebrated the completion of 20 years of independent operations in the Indian market as Danfoss Industries Pvt Ltd.
 
Entering the Indian market in the 1960s as a Denmark-based sales organisation with expertise in climate and energy solutions, later set up Danfoss Industries Pvt Ltd in 1999 in Chennai, as a 100 per cent subsidiary of Danfoss, to be closer to customers and increase localisation.
 
Speaking on the Danfoss India business, Kim Fausing, President and CEO, Danfoss said, “At Danfoss, we have always looked to innovate, be disruptive and give back to the society. India is a strategic market for Danfoss and we have set a strong foundation of growth in the Indian market, especially across food and energy efficiency sectors; we are currently focused on expanding our portfolio through dedicated partnerships and firm customer relations, thereby setting a precedence for Engineering Tomorrow’s India”. 
 
Built with an investment of over $100 million, the Danfoss India facility in Oragadam, Chennai is a global manufacturing benchmark for energy efficiency and sustainability.  With the government’s agenda to ‘Make in India’, Danfoss India has developed technologies, products and solutions which cater to the business requirements of a sustainable India and rest of the world.
 
Speaking on the milestone, Ravichandran Purushothaman, President, Danfoss India said, “Over the last two decades, Danfoss India has brought in several innovations that have disrupted the industry, both in terms of system efficiency and energy savings. The true testimony of Danfoss’ growth lies in the fact that our sales and headcount in India has grown manifold in the last 20 years. With the nation being ripe with opportunities, we are currently looking to enter newer markets and increase capacity within our manufacturing centres in Chennai, Baroda and Pune, carrying due focus on doubling our localisation levels.
 
Given that there will be over 1.5 billion people by 2050 in India, and that more than 100 cities which will have more than 1 million people each, Danfoss envisions to empower India to achieve the SDGs with its products and technologies. By focusing on the industry’s needs and demands, the company aims to tackle customer challenges in a sustainable manner and lay the foundation for a better India backed with Danfoss’ energy efficient products, services and solutions.

Related Stories

Automation & Robotics
AVEVA unveils industrial intelligence platform CONNECT for Indian enterprises

AVEVA unveils industrial intelligence platform CONNECT for Indian enterprises

The company introduced CONNECT to the India market at AVEVA DAY India 2024, emphasising the critical role of digital transformation in achieving India's economic goals.

Read more
Test & Measuring Instruments
Manufacturers are Driving Down Rising Energy Bills With Acoustic Imaging

Manufacturers are Driving Down Rising Energy Bills With Acoustic Imaging

Acoustic imaging is helping energy-intensive industries to keep the lights on by driving down operating costs and slashing maintenance expenses, writes Federico de Lucia, FLIR Team Lead of Condition..

Read more
Electrical & Electronics
TruBoard Partners launches TruGreen at REI Expo 2024

TruBoard Partners launches TruGreen at REI Expo 2024

TruGreen’s integrated approach encompasses all aspects of remote asset management—from monitoring and analytics to finance and compliance—empowering renewable energy providers to make informed..

Read more

Related Products

Energy Logger

Energy Conservation Products and Systems

Weidmuller Electronics India Pvt Ltd offers a wide range of energy logger.

Read more

Request a Quote

Air Cooled Heat Exchanger

Energy Conservation Products and Systems

Thermal Energy Systems offers a wide range of air cooled heat exchanger.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back