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Posted: 2025-04-21 11:05:30 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-21 11:06:08 UTC
Verified By
Rollup News
Daikin plans to build a new factory in India to increase its production capacity by 70%. This expansion aims to meet the growing demand for air conditioners in India, where temperatures have reached record highs, but air conditioning penetration remains low.
Daikin's production capacity in India will increase from 3 million units to 5-7 million units.
The new factory will help meet the increasing demand for air conditioners in India due to rising temperatures.
Low air conditioning penetration rate (7%) in Indian residences presents a significant market opportunity.
High temperatures in India.
Low air conditioning penetration rate in Indian residences.