# Daikin signs land deal for third India factory with INR 1000 crore investment

Daikin Air-conditioning India, a subsidiary of Daikin Industries, signed a land deal for a third factory with an investment of INR 1000 crore. The article mainly covers a new split AC range and the investment figure is reported in the headline.

- Type: Investment
- Announced: 2022-02-10
- Where: India
- Value: $134.0M (10.0B INR)
- Status: announced
- Products: split room air conditioners, VRV Home systems, modular cold rooms
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Air-conditioning India](https://endata.com/companies/8911.md)
- [Daikin Industries](https://endata.com/companies/6523.md) (partner)

## Sources

- [financialsamachar.com](https://financialsamachar.com/daikin-signs-land-deal-for-3rd-factory-with-an-investment-of-inr-1000-crore/), 2022-02-10: "Daikin Air-conditioning India Pvt. Ltd., a 100% subsidiary of Daikin Industries Ltd., Japan, launched a new range of split room ACs."

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