Archive · 8 Jun 2025
Daikin India Plans to Make India its Largest Global Manufacturing Hub by 2030
Daikin, a Japanese air conditioning company, is making big plans for India.
They want to make India their biggest factory by 2030, which means they'll be making and selling a lot more ACs.
They plan to invest a lot of money to expand their factories and sell in more places, including smaller towns and cities.
They see a lot of potential for growth because not many people in India have ACs yet.
They also want to export more ACs from India to other countries, like Africa.
Even though the demand has been a bit slow this year due to weather, they believe India's growth will keep going up.
Daikin is also investing in research and development and making products that are good for the environment.
Daikin India aims to double its AC production capacity by 2030.
The company plans to invest significantly in India and reach $4 billion in revenue by 2030.
Daikin India plans to expand its presence in tier 2 and 3 cities.
India is becoming a cost-effective manufacturing base, with an export focus.
Daikin prioritizes opening new manufacturing units and expanding R&D in India.
- Who
- Daikin India
- What
- Aims to double its AC production capacity and make India its largest global manufacturing hub.
- When
- By 2030
- Where
- India
- Why
- Due to India's low AC penetration and potential for market growth, rising incomes, infrastructure development, and rising housing demand.
- Company
- Daikin India
- Current Market Share (Residential AC)
- 18-19%
- Current Market Share (Commercial VRV Systems)
- Over 60%
- Investment in India
- `2,800 crore
- Target Revenue by 2030
- $4 billion
- Annual Production Capacity (Residential ACs)
- 1.5 million units (current), 3.0 million units (target)