Daikin India becomes bn-dollar firm, expect to double business in 3 yrs ...Middle East

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. Daikin India has a turnover of Rs 8,860 crore for the financial year ended on March 31, 2023. The company is looking at India business as its "future treasure" and expects it to double to USD 2 billion (around Rs 16,350 crore) in the next three years, Jawa told PTI. Daikin India is now the second company operating in the cooling space to cross the USD 1 billion-milestone after the Tata group firm Voltas, which had reported a total income of Rs 9,667 crore for FY23. When

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