# 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.

- Type: Partnership
- Announced: 2024-12-17
- Where: Sri City, Andhra Pradesh, India
- Status: announced
- Products: rotary compressors for air conditioners
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Rechi Precision](https://endata.com/companies/14007.md) (partner)
- [Daikin India](https://endata.com/companies/57933.md) (partner)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/daikin-india-and-rechi-precision-taiwan-set-up-jv-for-compressor-manufacturing-design-and-sales-for-hvac-industry/articleshow/116392960.cms), 2024-12-17: "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."

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