Air conditioner maker Daikin expects to manufacture two million units in India this fiscal and has plans to scout for more export opportunities by making India a manufacturing hub.
The company has already sold 7 lakh units of residential air conditioner (RAC) in the first three months of the year, helped by a blistering summer this season and expects over 50 per cent growth, said Daikin Airconditioning India Chairman and Managing Director Kanwaljeet Jawa.
Daikin, which has started its third manufacturing unit in India at Sri City in Andhra Pradesh, is investing in compressor manufacturing here and aiming to manufacture five million units by 2030.
“The mandate is of 5 million units, which includes 4 million units for the domestic market and 1 million of exports by 2030 and we are very confident,” Jawa told PTI.
