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Daikin invests Rs 14 billion in Indian unit to boost production

Daikin plans to use the funds to expand its manufacturing capacity and increase component production, particularly compressors, with the goal of raising localisation from 75% to nearly 90%.Read more

Govt reopens application window for PLI scheme for AC & LED light manufacturing

This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more

Daikin to expand compressor manufacturing to two million units in India

Daikin is also exporting to markets such as South Africa, the Middle East and South America helped by its new 75-acre Sri City manufacturing unit.Read more

ACREX India 2024: Exploring future horizons in HVAC Innovation

Organised by ISHRAE and Informa Markets in India, the premier exhibition takes place from February 15 to 17 at IEML, Greater Noida, Delhi-NCR.Read more

Daikin unveils state-of-the-art manufacturing hub in in Sri City, Andhra Pradesh

The newly established plant, sprawling over 75.5 acres, reaffirms Daikin's commitment to excellence and innovation.Read more

DPIIT introduces stricter guidelines for PLI Scheme in white goods sector

Under these updated regulations, selected companies must now provide a certificate from a registered cost accountant, confirming related party sales and determining the arm's length price, in order to avail the scheme's benefits.Read more

Daikin to build Rs 500-cr R&D centre in India

Daikin India – the local arm of Japanese electronics company Daikin - has invested Rs 500 crore to build its third research and development (R&D) centre in India. The facility, located in Neemrama, Rajasthan, will be operational from 2023. Read more