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Time of India
22-07-2025
- Business
- Time of India
Daikin sets up GCC in India in association with EY
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Japanese air-conditioner manufacturer Daikin has set up a global capability centre (GCC) in India in partnership with EY to build capabilities around information technology, digital services, data management services , finance, artificial intelligence and allied areas, a senior company official facility will be located in Gurgaon and will be named as Daikin Innovation and Services Hub . It will employ close to 700 employees. The company's goal is to build these capabilities in India rather than as a cost-reduction initiative. This facility will be a precursor to a future large scale giant GCC in the country for the group, as per a corporate presentation.'Success of this project will pave the way for more such centres in India. There is a shift in the mindset of the parent company which led to this opening of the GCC and also due to India's talent pool. The Indian business will play a bigger role for the parent company,' the executive is one of the largest markets for Daikin with a revenue of Rs 13,500 crore in 2024-25. The company is also making India a global production hub with export of air-conditioners to Africa, South America, Sri Lanka, Bangladesh and Bhutan. Daikin is also setting up an export oriented plant in Sri has made a foray into component manufacturing in the country, including compressors. The company's India managing director KJ Jawa is also the only non-Japanese in the parent company board in Japan.
United News of India
19-05-2025
- Business
- United News of India
Daikin opens new office, experience centre in Chennai
Chennai, May 19 (UNI) Daikin Air-conditioning India Pvt. Ltd. (DAIPL), a wholly owned subsidiary of Daikin Industries Ltd., Japan, and the market leader in India's air-conditioning industry, on Monday inaugurated its new regional office and Experience Center om Chennai. This marked marked a milestone in Daikin's continued investment in the Tamil Nadu market, a company release said. This newly inaugurated office space is a testament to Daikin's confidence in the Chennai market and its commitment to delivering top-quality experiences to discerning customers in the region. With Daikin's growing brand strength across Tamil Nadu, this facility reinforces its dedication to excellence and operational elegance. The new office will house various key functions including Product Sales, Service, Technical Support, and other Support Departments, serving as a comprehensive support hub for customers and channel partners alike. Recognizing Tamil Nadu as a key growth market, Daikin is committed to continued investment aimed at market development and share expansion. Speaking on the occasion, KJ Jawa, Chairman & Managing Director, said 'With India demonstrating robust economic growth and a strong business trajectory, we are now adopting a more aggressive strategy in Tamil Nadu. This new office is a crucial step in strengthening Daikin's efforts to capture a significant market share." "We remain committed to offering an unmatched consumer experience, driven by our highly trained sales, service, and maintenance teams, in collaboration with our trusted dealer network", he said. "With three factories driving our growth, Daikin is taking a significant leap forward in reinforcing its leadership within the HVAC industry. We are well-positioned to meet the rising demand for innovative, energy-efficient, and eco-friendly air-conditioning solutions in India. Our investments go beyond merely expanding capacity—they reflect a long-term vision aimed at delivering operational excellence, nurturing strategic partnerships, and contributing meaningfully to India's dynamic industrial ecosystem", he added. He said the Indian government's Production-Linked Incentive (PLI) scheme has played a pivotal role in accelerating localization efforts across the Room Air Conditioner (RAC) industry. It is driving a strong push toward backward integration, and is expected to enable approximately 75% indigenization over the next three to four years—an important milestone for industry players focused on long-term sustainability and self-reliance.' UNI GV 1855
