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BW Businessworld
|February 10, 2024
Daikin India Chairman and Managing Director K. J. Jawa emphasises the significance of the new manufacturing plant in fostering long-term partnerships that drive mutual success
On selecting Sri City in Andhra Pradesh for its new integrated air-conditioning and compressor manufacturing facility
The location in Sri City strategically positions the new plant to cater to the increasing demand for state-ofthe-art air conditioning products in both domestic and international markets. Sri City’s selection aligns with Daikin’s role as the principal investor in the government’s Production Linked Incentive (PLI) programme, reflecting the company’s commitment to encourage domestic production of air conditioners in line with government initiatives.
On PLI scheme in the AC category and its impact on domestic production of ACs
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