Japan’s Daikin to make India its base

Daikin plans to make India its manufacturing hub, producing two million units in FY25. Since entering India in 2004, Daikin has invested over ₹2,000 crore, with an FY24 turnover of ₹10,500 crore. They operate three manufacturing units and three R&D centres. Daikin aims to produce five million units by 2030.

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