Japan’s Daikin Industries is to invest ₹1,000 crore to set up a Global Research and Development (R&D) Centre in India, its first such facility outside Japan.
As per The Economic Times reports, the project has been cleared by the parent company and is expected to be located near its existing manufacturing operations in Neemrana.
The proposed centre will focus on software and product development for air-conditioning systems and chillers. These are used across data centres, residential buildings, and commercial infrastructure.
The company plans to recruit about 500 engineers for the facility, drawing from domestic technical institutions.
Alongside R&D, Daikin has initiated steps to expand its manufacturing presence. It has begun construction of a compressor plant and created a new entity for local production of refrigerants.
The company also plans to manufacture data centre chillers in India, based on designs sourced from Italy. This segment will see an additional investment of around ₹200 crore.
India is being developed as a key base for production, exports and component manufacturing. The company is working to expand its supplier network, with over 100 global component suppliers having visited India recently.
As part of its Vision 2030 plan, Daikin aims to increase exports from the current 54 countries to 100 markets. It is also targeting revenue of $4 billion from India over the medium term.
Daikin India reported estimated revenue of about ₹13,000 crore in the previous financial year, registering growth of 8-9%.
It has set a target of ₹15,000 crore by FY27. Demand for room air-conditioners has seen some impact from uneven weather conditions in parts of the country, though other segments remain under focus.
Read More: Zoho Crosses ₹12,000 Crore Revenue Mark in FY25, Profit Stands at ₹3,191 Crore!
The planned R&D facility and related investments indicate a gradual expansion of Daikin’s operations in India, covering development, manufacturing and exports.
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Published on: Apr 9, 2026, 1:29 PM IST
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