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Danfoss stays the course in H1 2024; India remains the fastest-growing region
After three years of significant growth, the first half of 2024 has proven to be challenging for Danfoss due to lower demand in select key markets. Strong double-digit growth in H1 in India supported the Danfoss Group’s ambitious plans to double sales in the country by 2025.Read more
Huge gap between energy demand and supply from renewable: Danfoss
Danfoss’ whitepaper highlights the need for urgent action to address the growing demand for energy. With energy crisis looming high in many nations, rapid action on energy is both necessary and achievable for the sustainable transition to a carbon-neutral future.Read more
Danfoss India to focus on localization as it aims for Rs 5,000 cr turnover
To support the digital transformation in the country, the company has added over 1,400 engineers and invested over $300 million in India to capitalise on the rising green opportunities.Read more
Danfoss India aims to double its revenue to Rs 5,000 cr by 2025
Decarbonization & digitalization are also high on the company's agenda. As a part of its 2025 growth strategy, Danfoss India plans to expand its geographic footprint in India, improve localisation of all products from an average of 50 per cent to 80-90 per cent, and explore new hotspots where energy efficiency plays a significant role.Read more