# Daikin India to invest ₹500 crore in R&D centre in Neemrana

Daikin India announced it will invest ₹500 crore over three years to set up its third R&D centre at Neemrana, Rajasthan. The centre will span 24,000 square metres, employ over 250 engineers, and include 22 new testing facilities and labs, starting operations from 2023.

- Type: Investment
- Announced: 2022-08-17
- Where: Neemrana, Rajasthan, India, India
- Value: $63.0M (5.00B INR)
- Jobs: 250
- Starts operating: 2023
- Status: announced
- Products: air conditioners, R&D for India-specific products
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

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

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/city/jaipur/daikin-india-to-invest-500cr-for-rd-centre/articleshow/93627874.cms), 2022-08-18: "Daikin India, which manufactures air conditioners, on Wednesday said it will invest Rs 500 crore in the next three years on setting up its third R&D centre at Neemrama."

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