Daikin Industries Expands Footprint in India with INR 500 Crore Investment
In a significant move, Daikin Industries Ltd, a Japanese company renowned for its innovative air conditioning solutions, has marked a major milestone in its Indian journey. The company has officially inaugurated its third Research and Development (R&D) centre in Neemrana, Rajasthan, a strategic investment that underscores its commitment to bolstering India’s manufacturing and export capabilities.
Located on a sprawling 6-acre campus, the new centre is poised to become a hub of innovation, employing over 500 engineers and featuring 22 state-of-the-art testing facilities and labs. This substantial investment of INR 500 Crore is a testament to Daikin’s confidence in India’s growth potential and its desire to tap into the country’s vast talent pool.
The expansion is expected to have a ripple effect on Daikin’s manufacturing competitiveness, enabling the company to meet the growing demand for export in the overseas market. By developing and exporting India-made products worldwide, Daikin aims to capitalize on the country’s strategic location and its reputation for producing high-quality goods.
Key Highlights of the New R&D Centre
- Spread over 6 acres, the centre will serve as a hub for innovation and research
- 22 state-of-the-art testing facilities and labs will be operational at the centre
- Over 500 engineers will be employed at the centre, driving innovation and growth
- The centre will play a crucial role in boosting India’s manufacturing and export capabilities
As Daikin Industries continues to write a new chapter in its Indian journey, this significant investment is set to propel the company’s growth trajectory, cementing its position as a leader in the air conditioning equipment industry.