Daikin to build new plant in southern India

Daikin Industries has signed a memorandum of understanding to acquire an additional 33 acres to build a new plant near its current factory in southern India, expanding capacity to meet growing demand for air conditioners.

“The Japanese company has signed a memorandum of understanding to acquire an additional 33 acres (13.4 hectares) to build a new plant near its current factory in southern India.”businesstimes.com.sg

• 2 sources
• businesstimes.com.sgWorld's No 1 air-conditioner maker to expand capacity in India - The Business TimesSep 2, 2024
• economictimes.indiatimes.comDaikin AC: World’s No. 1 air-conditioner maker to expand capacity in India - The Economic TimesSep 3, 2024

Summarized from public sources; check the original articles before acting on it.