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Daikin lays foundation stone of its upcoming third mfg facility at Sri City, Andhra Pradesh

 
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Get latest articles and stories on Latest News at LatestLY. Daikin India on Thursday said it has laid down the foundation stone of its upcoming third manufacturing facility at Sri City, Andhra Pradesh, in which the air-conditioner maker would invest Rs 1,000 crore in the first phase.

New Delhi, Apr 7 (PTI) Daikin India on Thursday said it has laid down the foundation stone of its upcoming third manufacturing facility at Sri City, Andhra Pradesh, in which the air-conditioner maker would invest Rs 1,000 crore in the first phase.

This new factory would be ready for commercial production in 2023, and would elevate Daikin India to become the largest manufacturer of Air-conditioners (ACs) in India, according to a company statement.

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