Daikin India and Rechi Precision form JV for AC compressor manufacturing in Sri City

Daikin India has formed a joint venture with Taiwan's Rechi Precision to manufacture AC compressors in Sri City, Andhra Pradesh. Production is expected to start by late 2024.

“This partnership marks a significant milestone in broadening Daikin India’s offerings, enabling us to deliver a wider array of advanced rotary compressor technologies tailored for residential HVAC solutions.”economictimes.indiatimes.com

• 1 source
• economictimes.indiatimes.comDaikin India and Rechi Precision, Taiwan set up JV for compressor manufacturing, design and sales for HVAC industry - The Economic TimesSagar MalviyaDec 17, 2024

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