OSAKA/TOKYO -- Japanese air conditioner makers like Daikin Industries and Fujitsu General are stepping up their offensive in India -- the world's third-largest market even with a residential penetration rate in the single digits -- taking on low-priced local players with energy-saving technology.
Electronics
Japan's Daikin targets India, world's No. 3 air conditioner market
Company touts energy-saving tech for consumers; Fujitsu General focuses on commercial side
.JPG?width=780&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
Daikin plans to build its third air conditioner factory in India by around 2030. (Daikin Industries)
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Electronics
