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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
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
Tiger logistics secures BHEL contracts for comprehensive logistics services
The company will now be responsible for managing import and export operations by sea, offering services such as custom clearance, forwarding, handling, transportation, and warehousing services to BHEL.Read more
Sweden’s Munters acquires ZECO to strengthens its market position in India
ZECO will provide Munters with a strong platform to expand its dehumidification offering in the Indian market. 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
CUMI believes in the power of collaboration: Shyam S Rao
In this interview, Shyam S Rao, Sr VP, Industrial Ceramics Division, Carborundum Universal (CUMI), an exhibitor at Hannover Messe 2019, highlights on market dynamics of ceramics products Read more
Ircon International Ltd
IRCON is a specialised constructions organisation covering the entire spectrum of construction activities and services in the infrastructure sector.Read more
