Daikin Inaugurates New Office Facility at Chandigarh
Targets 25% growth; 1000 Crore Revenue from Punjab & Haryana
Chandigarh 17th July 2025:
Daikin Airconditioning India Pvt. Ltd. (DAIPL), the fully owned subsidiary of Daikin Industries Ltd., Japan & the market leader in the air-conditioning market in India today inaugurated its new office (Plot no. 181/46, 5th & 6th floor, Palladium Tower, Industrial Area, Phase-1 Chandigarh-160002) amidst major fanfare & excitement. This new office space mirrors our commitment to the potential of Chandigarh Tri-city & its discerning customers. With gaining Daikin confidence across Punjab & Haryana, it is imperative that we reflect the commitment of quality & elegance in our operations. This new premises will house departments such as – all product Sales, Service, Technical Support & other Support functions, that will act as an enabler for both channel partners & customers. We see Punjab & Haryana as a potential market for Daikin, so we will continue to invest in developing the market with a view to secure market share.
On Daikin Office inauguration, Mr. KJ Jawa, Chairman & MD, Daikin India said, “With India demonstrating a robust upward growth & business trajectory, we have plans to get aggressive in our approach across Punjab & Haryana and the New Daikin Office is a key step towards strengthening Daikin’s endeavour to capture significant market share. We are committed to provide an unmatched consumer experience with a network of highly trained sales, service and maintenance through our strong dealer network & employees.” He further added, “With 3 factories powering our growth, Daikin takes a major step forward in strengthening its leadership in the industry, catering to the growing demand for cutting-edge, eco-friendly air-conditioning solutions. More than just increasing capacity, our investment reflects our long-term vision—to drive excellence, foster strategic partnerships, and contribute to India’s evolving industrial landscape, ensuring shared success for all stakeholders
On this occasion, Mr. Kuldeepak Virmani, Senior Vice President & Executive Director, Daikin India said, “With India experiencing strong and sustained growth, we are poised to accelerate our expansion across Punjab, Chandigarh, Jammu & Haryana, adopting a more aggressive approach to strengthen our market presence. The launch of new products is a strategic move in Daikin’s mission to enhance its market share and industry leadership. Our commitment remains steadfast in delivering an exceptional consumer experience, backed by a highly skilled sales, service, and maintenance network, supported by our dedicated dealer partners and employees. The North market has grown over 30% in the last year, and Daikin India predicts it to be INR 25000 crores by 2025, prompting us to launch a host of new products & increase our dealer network extensively. With robust infrastructure & housing development, we are witnessing a high demand for smart & energy efficient air-conditioning solutions. We are planning to invest in heavy marketing & promotions across Punjab & Haryana to secure 25% market share in next 12 months.”
Industry reports anticipate a robust increase of approx. 25% in residential air conditioner (RAC) volumes for FY25, highlighting substantial growth potential. This is attributed to the current low adoption rate, which stands at only 7-9% among total urban Indian households, significantly lower than the 90% observed in developed nations. Moreover, consumers are increasingly seeking energy-efficient products with a reduced total cost of ownership. Daikin remains dedicated to environmental responsibility, and the new plant in Sri City incorporates eco-friendly practices in line with the company's commitment to sustainability. The facility is designed to minimize environmental impact through energy-efficient processes and waste reduction initiatives, aligning with Daikin's global vision for a greener future.
A Snapshot of Daikin India’s Milestones
· Daikin Global net sales: 32+ Billion USD
· Daikin India Turnover: USD 1.5+ BN
· INR 2800 Crore investments in India
· 3 factories across – Neemrana & Sri City
· 3 R&D facility
· 1 DJIME
· 2 ACDC
· Daikin – Rechi JV
· Daikin India as the Export HUB