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Is Daikin (TSE:6367) Turning India Into the Linchpin of Its Global HVAC Innovation Strategy?
Daikin Industries Ltd. has approved the establishment of Daikin Research and Development India Private Limited in New Delhi, with an INR 8,000 million (approx. JPY 13,600 million) capital commitment and a new HVAC-focused R&D center in Haryana targeted for completion in June 2028 to support the Global South.
This move positions India as a core innovation hub for large-scale HVAC systems, tapping its engineering and IT talent to tailor products for Asia, Oceania, and Africa.
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