HYDERABAD: Daikin Air-conditioning India Pvt Ltd, a wholly-owned subsidiary of Daikin Industries Ltd, Japan, on Thursday mentioned it has commercialised its integrated air-conditioning and compressor manufacturing facility at Sri City in Andhra Pradesh.
The new facility, which is unfold throughout 75.5 acres, can have a capability to fabricate 1.5 million room air-conditioners (ACs) and three million compressors for room ACs every year.
The Japanese participant mentioned that is its third unit in India and is a part of the Rs 2,800 crore investments it has made in India.
Daikin mentioned the new facility is strategically positioned to cater to the growing demand for air-con merchandise manufactured in India, each domestically and internationally.
It will concentrate on growing climate-friendly air-con options for markets in West Africa, Sri Lanka, Bhutan, Nepal, Bangladesh, the Middle East, South America, and East Africa, it added.
The manufacturing unit, for which the inspiration stone was laid in April 2022, aligns with Daikin’s aspiration to attain internet zero greenhouse fuel emissions by 2050, the corporate mentioned.
Daikin additionally identified that it’s the principal investor in the manufacturing linked incentive (PLI) programme in the air-conditioning class, which has been carried out by the Indian authorities to encourage home manufacturing of air conditioners.
Daikin India chairman & managing director KJ Jawa mentioned the facility won’t solely give the corporate’s manufacturing capabilities and capacities a big increase however can even strengthen its place as a supplier of energy-efficient and sustainable HVAC options in the area.
Daikin Industries president & CEO Masanori Togawa mentioned the Japanese big has 100 manufacturing items globally and a buyer base in over 170 nations however India holds a particular significance.
“As we expand our manufacturing footprint in India… the country’s dynamic market and skilled workforce align perfectly with our mission. The new facility will not only elevate the standard of HVAC solutions but also contribute significantly to the growth of the industry in India and the surrounding regions,” Togawa mentioned.
The Rs 8,860 crore turnover Daikin India is part of the US$29 billion Daikin Global.
The new facility, which is unfold throughout 75.5 acres, can have a capability to fabricate 1.5 million room air-conditioners (ACs) and three million compressors for room ACs every year.
The Japanese participant mentioned that is its third unit in India and is a part of the Rs 2,800 crore investments it has made in India.
Daikin mentioned the new facility is strategically positioned to cater to the growing demand for air-con merchandise manufactured in India, each domestically and internationally.
It will concentrate on growing climate-friendly air-con options for markets in West Africa, Sri Lanka, Bhutan, Nepal, Bangladesh, the Middle East, South America, and East Africa, it added.
The manufacturing unit, for which the inspiration stone was laid in April 2022, aligns with Daikin’s aspiration to attain internet zero greenhouse fuel emissions by 2050, the corporate mentioned.
Daikin additionally identified that it’s the principal investor in the manufacturing linked incentive (PLI) programme in the air-conditioning class, which has been carried out by the Indian authorities to encourage home manufacturing of air conditioners.
Daikin India chairman & managing director KJ Jawa mentioned the facility won’t solely give the corporate’s manufacturing capabilities and capacities a big increase however can even strengthen its place as a supplier of energy-efficient and sustainable HVAC options in the area.
Daikin Industries president & CEO Masanori Togawa mentioned the Japanese big has 100 manufacturing items globally and a buyer base in over 170 nations however India holds a particular significance.
“As we expand our manufacturing footprint in India… the country’s dynamic market and skilled workforce align perfectly with our mission. The new facility will not only elevate the standard of HVAC solutions but also contribute significantly to the growth of the industry in India and the surrounding regions,” Togawa mentioned.
The Rs 8,860 crore turnover Daikin India is part of the US$29 billion Daikin Global.
