# Daikin India and Rechi Precision to form compressor joint venture in India

Daikin Airconditioning India and Rechi Precision agreed to establish a joint venture in India to manufacture, design, and sell compressors for the HVAC industry. Operations are expected to begin by the end of FY2025.

- Type: Partnership
- Announced: 2024-12-05
- Where: India, India
- Status: announced
- Products: rotary compressors, motors, HVAC components
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Rechi Precision](https://endata.com/companies/14007.md) (partner)
- [Daikin Airconditioning India](https://endata.com/companies/31733.md) (partner)

## Sources

- [coolingindia.in](https://www.coolingindia.in/daikin-india-rechi-precision-to-set-up-a-joint-venture-company-in-india/), 2024-12-05: "Daikin Airconditioning India Pvt. Ltd. and Rechi Precision Co., Ltd. have recently agreed to form a partnership and establish a joint venture in India to manufacture, design, and sell compressors to Indian HVAC industry."

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