We may be small but the kind of expansion plan which we have . he said, adding, we are now aligning our growth strategy with our global strategy. Presently, Daikin India gets 70 per cent of its revenue from residential room AC, 20 per cent from VRV variable refrigerant volume AC systems used for large offices, and the rest 10 per cent from commercial businesses such as projects etc.In last 13 years, from Rs 292 crore, we have become a Rs 8,860 crore company, said Jawa, adding, we see a good future for our India business.
According to Chairman and Managing Director Kanwaljeet Jawa, Daikin Airconditioning India, a wholly-owned subsidiary of Japan s Daikin Industries, plans to increase its business in India to USD 2 billion in the following three years after passing the USD 1 bn milestone in FY23, , Daikin India, Kanwaljeet Jawa
Airconditioner maker Daikin Airconditioning India expects to become a USD 2-billion company in the next three years, having crossed the milestone of USD 1 billion in FY23, said Chairman and Managing Director Kanwaljeet Jawa.