Daikin enters the Indian market in a JV with Usha Shriram Group at 80:20 stakes respectively as Daikin Shriram Airconditioning.
Daikin introduces VRV technology in India.
Daikin India becomes a wholly-owned subsidiary of Daikin Industries Ltd., Japan.
Daikin India relocates headquarter to Gurgaon and commences business of McQuay chillers in India.
Groundbreaking ceremony of Daikin Indiaâ€™s manufacturing base at Neemrana, Rajasthan.
Production commences at manufacturing plant in Neemrana, Rajasthan.
Fresh round of `250 crore investment. Thus taking it to a total of` 743 crore.
Production of High Wall Split air-conditioners with R32 refrigerant commences.
Fresh round of `330 crore investment.
MoU signed with the Rajasthan Government for `600 crore investment.
Research and Development Centre opens at Neemrana, Rajasthan.
Second production facility opens at Neemrana, Rajasthan.