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February 24, 2020 01 Categories Hvac, News

Daikin eyes Rs 2600 crore turnover, aims to be top HVAC player in India

Driven by its engineering and manufacturing strengths, higher localisation of products and a shift in its focus, Daikin Airconditioning India Pvt Ltd (DAIPL), a 100% subsidiary of Daikin Industries Ltd, Japan, has not only been able to achieve a turnaround in its fortunes, but also claims to have become a leading player in the residential AC segments.

In 2009-10, Daikin sold 34,000 air-conditioners (ACs); by 2014-15, this figure had grown more than 11 times to about 3,75,000 units. In this period, the company has also increased its revenues manifold – from Rs 440 crore in 2009-10 to Rs 2,600 crore (expected) in 2014-15. It is now the second-largest AC maker after Voltas in terms of revenue, according to company sources.

1 Comment

  1. AffiliateLabz February 25, 2020

    Great content! Super high-quality! Keep it up! 🙂

    Reply

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