Latest news with #Jawa
News18
5 days ago
- Business
- News18
Daikin India looks to expand in North markets, opens new office in Chandigarh
Chandigarh, Jul 17 (PTI) Daikin Airconditioning India on Thursday inaugurated its new office in Chandigarh, and said it plans to accelerate expansion in Punjab and Haryana to increase market presence. The company's chairman and managing director Kanwal Jeet Jawa said Daikin has invested around Rs 2,800 crore in India. 'With India experiencing strong and sustained growth, we are poised to accelerate our expansion across Punjab, Chandigrh, Jammu and Haryana, adopting a more aggressive approach to strengthen our market presence," Jawa said. The company has come a long way when it sold 30,000 room air-conditioners in 2010 to crossing 2 million room ACs last year. The company's new office here will house departments such as all product sales, service, technical support and other support functions that will act as an enabler for both channel partners and customers, the company officials said here. Kuldeepak Virmani, Senior Vice President and Executive Director, Daikin India, said in the current quarter, the company has sold roughly 6.25 lakh units. The full year target is 2.5 million (25 lakh) units, he added. Daikin is also setting standards in energy efficiency, Jawa told reporters here. 'With India demonstrating a robust upward growth and business trajectory, we have plans to get aggressive in our approach across Punjab and Haryana and the new office is a key step towards strengthening Daikin's endeavour to capture significant market share. '… Daikin takes a major step forward in strengthening its leadership in the industry, catering to the growing demand for cutting-edge, eco-friendly air-conditioning solutions," Jawa said. 'More than just increasing capacity, our investment reflects our long-term vision–to drive excellence, foster strategic partnerships, and contribute to India's evolving industrial landscape, ensuring shared success for all stakeholders," he said. Jawa said, 'We are the largest investor in the country, as far as air-conditioning is concerned. We have three Research and Development Centres". Daikin India, a subsidiary of Japan's Daikin Industries, a global leader in the manufacturing of commercial-use and residential air conditioning systems, already has an AI-IOT centre at Hyderabad, which is a global centre. Daikin India recently inaugurated its third R&D centre in India at Neemrana, Rajasthan. 'Our factories in India include air-handling units, for chillers, room air-conditioners. A year-and-a-half back, we expanded our activity into Sri City, Andhra Pradesh," he said. 'Be it government buildings, private sector buildings, top hotels, airports, we have done air-conditioning in them," he added. Jawa said the company has made investments worth Rs 2800 crore in India. 'We are also working on skill enhancement in a very big way," he said. PTI SUN MR view comments First Published: July 17, 2025, 21:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
5 days ago
- Business
- Time of India
Daikin India looks to expand in North markets, opens new office in Chandigarh
Daikin Airconditioning India on Thursday inaugurated its new office in Chandigarh, and said it plans to accelerate expansion in Punjab and Haryana to increase market presence. The company's chairman and managing director Kanwal Jeet Jawa said Daikin has invested around Rs 2,800 crore in India. Explore courses from Top Institutes in Select a Course Category Product Management healthcare Technology Management Healthcare Digital Marketing Data Analytics PGDM MBA Public Policy CXO Operations Management MCA Artificial Intelligence others Leadership Design Thinking Data Science Finance Data Science Project Management Others Cybersecurity Degree Skills you'll gain: Creating Effective Product Roadmap User Research & Translating it to Product Design Key Metrics via Product Analytics Hand-On Projects Using Cutting Edge Tools Duration: 12 Weeks Indian School of Business ISB Product Management Starts on May 14, 2024 Get Details Skills you'll gain: Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Duration: 40 Weeks IIM Kozhikode Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Duration: 24 Weeks Indian School of Business Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details "With India experiencing strong and sustained growth, we are poised to accelerate our expansion across Punjab, Chandigrh, Jammu and Haryana, adopting a more aggressive approach to strengthen our market presence," Jawa said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo The company has come a long way when it sold 30,000 room air-conditioners in 2010 to crossing 2 million room ACs last year. The company's new office here will house departments such as all product sales, service, technical support and other support functions that will act as an enabler for both channel partners and customers, the company officials said here. Live Events Kuldeepak Virmani, Senior Vice President and Executive Director, Daikin India, said in the current quarter, the company has sold roughly 6.25 lakh units. The full year target is 2.5 million (25 lakh) units, he added. Daikin is also setting standards in energy efficiency, Jawa told reporters here. "With India demonstrating a robust upward growth and business trajectory, we have plans to get aggressive in our approach across Punjab and Haryana and the new office is a key step towards strengthening Daikin's endeavour to capture significant market share. "... Daikin takes a major step forward in strengthening its leadership in the industry, catering to the growing demand for cutting-edge, eco-friendly air-conditioning solutions," Jawa said. "More than just increasing capacity, our investment reflects our long-term vision--to drive excellence, foster strategic partnerships, and contribute to India's evolving industrial landscape, ensuring shared success for all stakeholders," he said. Jawa said, "We are the largest investor in the country, as far as air-conditioning is concerned. We have three Research and Development Centres". Daikin India, a subsidiary of Japan's Daikin Industries , a global leader in the manufacturing of commercial-use and residential air conditioning systems, already has an AI-IOT centre at Hyderabad, which is a global centre. Daikin India recently inaugurated its third R&D centre in India at Neemrana, Rajasthan. "Our factories in India include air-handling units, for chillers, room air-conditioners. A year-and-a-half back, we expanded our activity into Sri City, Andhra Pradesh," he said. "Be it government buildings, private sector buildings, top hotels, airports, we have done air-conditioning in them," he added. Jawa said the company has made investments worth Rs 2800 crore in India. "We are also working on skill enhancement in a very big way," he said.
Hans India
6 days ago
- Automotive
- Hans India
6,000 Riders Keep the Classic Spirit Alive on International Jawa-Yezdi Day
Riders from all corners of India came together to mark the second Sunday of July, which has come to mean something special in the world of classic motorcycles: International Jawa-Yezdi Day. From early morning rumble-outs in the hills of Manipur to sunset rides through the streets of Kochi and beaches of Konkan, fans of classic motorcycle brands Jawa and Yezdi showed up in style, riding retro, riding proud. This fan-designated day has grown into a phenomenon, and Jawa Yezdi Motorcycles is proud to celebrate the cultural pulse powered by the two iconic brands' rider communities and dealerships. Over 6,000 riders from 12 states, 20 cities, and 18 riding communities, 120 dealerships of Jawa Yezdi Motorcycles participated this year. From the Capital Jawa Yezdi Club Delhi, Haryana Jawa Yezdi Club, and Rajasthan Jawa Yezdi Club in the north to the southern riding communities of Kanyakumari Jawa Yezdi Club, BJYMC Bengaluru, Reborn Riders Chennai, and Smoking Barrels Trivandrum, the day saw a passionate turnout. Riders from the northeast's Jawa Yezdi Motorcycle Club Manipur, west India's YJOC Western Maharashtra and Jawa Yezdi Club Pune, and riding communities in Mangalore, Nagercoil, Palakkad, Varanasi, Chandigarh, and Chhattisgarh brought their signature character to the rides. The day became a nationwide celebration of machines that carry stories in their tanks and memories in their mirrors. Judging by this year's turnout, Jawa and Yezdi motorcycles continue to spark passion across generations, earning riders' love for carrying the lineage of steel, simplicity, and an honest classic soul forward. Riders who have clocked over thousands of kilometres on their 90s classic cruisers rode shoulder-to-shoulder with Gen Z bikers astride modern Jawas and Yezdis. New-age riders with GoPros and playlists; old-schoolers with toolkits and tales. All united by a common love for Jawa Yezdi motorcycling. Sharad Agarwal, Chief Business Officer, Classic Legends, said, 'This growing wave of interest from younger riders shows how classic motorcycling is not about age or nostalgia but about character. Classic and neo-classic machines speak to something deeper. They feel and ride differently. And they are increasingly being seen by present generations as not just throwbacks, but as a statement.' Jawa and Yezdi were built for riders who go their own way, and if over 6,000 of them choose to mark a day for their machines, Classic Legends is honoured to tip its helmet to them on this International Jawa-Yezdi Day. Every year, this fan-driven celebration only grows louder. And every year, it reminds us: Classic does not fade. It rides on.
Time of India
15-07-2025
- Time of India
Cops arrest 3 on charges of theft in Hyderabad
HYDERABAD: In separate incidents, the Tolichowki police arrested three people for their involvement in theft cases. The police officials recovered stolen property worth Rs 9.2 lakh from their possession. In the first case, an auto-rickshaw stolen from Brindavan Colony was traced to 19-year-old Hameed Khan , a habitual offender. The second case involved the theft of gold ornaments worth ₹4 lakh from a house in Akbarpura. The accused, former maid Deepika, confessed to the crime. In third case, a Jawa bike worth ₹2.5 lakh was recovered from Shaik Suleman of Jamalikunta. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad
Time of India
14-07-2025
- Business
- Time of India
Karnataka HC quashes criminal proceedings against HUL CEO Rohit Jawa
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Karnataka High Court has quashed the criminal proceedings against Hindustan Unilever Limited HUL ) managing director & CEO Rohit Jawa in a case of food contamination under the Food Safety and Standards Act Judge JM Khazi, by a July 3 order, however, has allowed liberty to the food safety officer at the Bengaluru civic body BBMP to file a fresh complaint against the HUL CEO Jawa and arraign his company as an additional accused.A food safety officer had collected samples of Horlicks biscuits from a supermarket in Hebbal and filed a criminal case naming the HUL CEO saying the biscuit sample was found to be unsafe for human consumption as it contained pesticide Chlorpyrifos beyond the specified trial court had in June 2023 taken cognizance and issued summons to Jawa. The Judge expressed surprise that the authorities sought to proceed against individuals, and not the moved the high court challenging the criminal proceedings imitated against him at the trial court by taking cognizance for the offences punishable under the food safety act. The Judge held that in the absence of the company, the managing director cannot be proceeded against.
