OSAKA -- Daikin will spend 800 billion yen ($5.7 billion) on capital investments over the next three years, the company said Wednesday, as it seeks to cash in on demand for energy-efficient heating in Europe and India's growing air conditioner market.
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Daikin plans $5.7bn in capex over 3 years, targeting India and Europe
Indian demand for air conditioning is growing the most in the world, CEO says
Daikin is boosting production capacity for energy-efficient heating and air conditioning. © Reuters
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