Daikin plans capacity expansion in India
Leading air conditioner (AC) brand Daikin has plans to expand in India as it responds to consumer demand. The firm 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.
Daikin targets to double its sales in India by 2025 and increase production for global exports by 2026.
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