Daikin India becomes a billion dollar company, business expected to double in three years
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Jawa told PTI that the company sees a lot of potential in India for its upcoming projects and expects a turnover of $2 billion, or Rs 16,350 crore, in the next three years.
New Delhi. Air conditioner (AC) company Daikin Airconditioning India has achieved the target of becoming a billion dollar company in the financial year 2022-23. The company aims to become a $2 billion firm in the next three years. Company’s Chairman and Managing Director (CMD) Kanwaljit Jawa said this. The company’s turnover in the financial year 2022-23 was Rs 8,860 crore. Jawa told PTI that the company sees a lot of potential in India for its upcoming projects and expects a turnover of $2 billion, or Rs 16,350 crore, in the next three years.
Daikin India has become the second billion dollar company selling cooling products. Earlier, Tata group company Voltas had registered a revenue of Rs 9,667 crore in the last financial year. In this regard, Jawa said, “Yes, we are now a billion dollar company.” The company, wholly owned by Japan’s Daikin Industries, is a leading global manufacturer of commercial and residential ACs and has so far sold Rs 2,300 crore in India. has invested Rs.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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