Daikin India expects to do away with imported components in two-to-three years

Dated: 
10 February, 2022
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Commencement of production at its third unit in Andhra Pradesh will help in reducing use of imported components

Daikin Air-conditioning India Pvt. Ltd.( DAIPL), a subsidiary of Daikin Industries Ltd, Japan, expects the share of imported components in its total manufacturing to come down to close to zero from current levels of around 40 per cent once its proposed third unit in Andhra Pradesh commences production.

According to Kuldeepak Virmani, Director & Senior Vice-President, Daikin India, work on the unit commenced at the beginning of this month and commercial production is expected to start by August-September 2023. The company, which is investing close to Rs 1,000 crore on the unit in the first phase, entirely through internal accruals, is looking to make a similar investment on the project in the second phase.

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