# Daikin to set up Rs 1,000-crore AC plant in Sri City, Andhra Pradesh

Daikin India has acquired a 75-acre site at Sri City, Andhra Pradesh, for a new air-conditioner manufacturing plant. The first phase investment is Rs 1,000 crore, with operations expected to start in 2023, creating up to 3,000 jobs.

- Type: New facility
- Announced: 2021-09-24
- Where: Sri City, Andhra Pradesh, India
- Value: $135.0M (10.0B INR)
- Jobs: 3,000
- Starts operating: 2023
- Status: announced
- Capacity: 1.5 million units per year
- Products: air conditioners, AC components
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin India](https://endata.com/companies/57933.md)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/daikin-to-set-up-rs-1-000-crore-ac-manufacturing-plant-in-andhra-pradesh-121092500074_1.html), 2021-09-24: "Daikin wants to make India its manufacturing hub to serve markets such as West Asia, Sri Lanka, South America, and Africa."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.