Daikin Airconditioning India's manufacturing unit being set up at a cost of ₹1,000 crore at Sri City in Nellore district is going to become operational around mid-2023, said Regional Director (South) N.K. Rao.
Addressing a press conference on the launch of new Daikin products and plans of their new manufacturing unit in Andhra Pradesh, Mr. Rao said that Daikin was setting up its third manufacturing unit in India at the Sri City in about 100 acres, which is larger than its first unit in Jaipur.
Mr. Rao said Daikin was going to manufacture AC components like compressors and printed circuit boards for the first time in the country at the plant where over 10 lakh units per year could be produced annually for the Indian market and for export to the Middle East and Africa, he said.
