Daikin’s New India HVAC R&D Hub Might Change The Case For Investing In Daikin (TSE:6367)
Daikin Industries, Ltd. has approved the creation of Daikin Research and Development India Private Limited in New Delhi and plans to complete a new HVAC-focused R&D center in Haryana by June 2028 to support product development for Asia, Oceania, and Africa. This move designates India as a core innovation hub for large-scale HVAC systems in the Global South, backed by an investment of ₹8,000 million (approximately ¥13.60 billion) and full ownership by the Daikin Group, while the near-term...
Daikin Industries, Ltd. has approved the creation of Daikin Research and Development India Private Limited in New Delhi and plans to complete a new HVAC-focused R&D center in Haryana by June 2028 to support product development for Asia, Oceania, and Africa.
This move designates India as a core innovation hub for large-scale HVAC systems in the Global South, backed by an investment of ₹8,000 million (approximately ¥13.60 billion) and full ownership by the Daikin Group, while the near-term...
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