World’s Biggest Air-Conditioner Maker Doubles Down on India
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Daikin Industries Ltd., the world’s largest manufacturer of air conditioners, is betting that sales and production in India will eventually make up a bigger part of the company as the nation outpaces global growth.
“The market has a huge potential,” said Kanwal Jeet Jawa, chief executive officer of Daikin’s India operations. “We see India as a market, post-Covid recovery, as the best among all the other markets in the world.”