Daikin Industries Establishes Indian R&D Hub to Target Global South HVAC Demand

MT Newswires Live

Jun 26

Daikin (TYO:6367) will set up a wholly owned India R&D unit, Daikin Research and Development India Private, with 13.6 billion yen capital to serve as a Global South development hub, according to a Tokyo bourse filing on Friday.

The new entity, set to begin operations in July 2026, will oversee the construction of an R&D center in Haryana, scheduled for completion by June 2028, focusing on large-scale HVAC systems for data centers, factories, and commercial facilities.

The move aims to leverage India's deep engineering and IT talent pool to strengthen product development capabilities tailored to local market needs and regulations across Asia, Oceania, and Africa.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2646351811"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2646351811\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2646351811?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-26 18:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2646351811","market":"sg","top_or_hot":-1,"title":"Daikin Industries Establishes Indian R&D Hub to Target Global South HVAC Demand","media":"MT Newswires Live","content":"<html><body><p> Daikin (TYO:6367) will set up a wholly owned India R&amp;D unit, Daikin Research and Development India Private, with 13.6 billion yen capital to serve as a Global South development hub, according to a Tokyo bourse filing on Friday.</p><p>The new entity, set to begin operations in July 2026, will oversee the construction of an R&amp;D center in Haryana, scheduled for completion by June 2028, focusing on large-scale HVAC systems for data centers, factories, and commercial facilities.</p><p>The move aims to leverage India's deep engineering and IT talent pool to strengthen product development capabilities tailored to local market needs and regulations across Asia, Oceania, and Africa.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Daikin Industries Establishes Indian R&D Hub to Target Global South HVAC Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDaikin Industries Establishes Indian R&D Hub to Target Global South HVAC Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-26 18:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Daikin (TYO:6367) will set up a wholly owned India R&amp;D unit, Daikin Research and Development India Private, with 13.6 billion yen capital to serve as a Global South development hub, according to a Tokyo bourse filing on Friday.</p><p>The new entity, set to begin operations in July 2026, will oversee the construction of an R&amp;D center in Haryana, scheduled for completion by June 2028, focusing on large-scale HVAC systems for data centers, factories, and commercial facilities.</p><p>The move aims to leverage India's deep engineering and IT talent pool to strengthen product development capabilities tailored to local market needs and regulations across Asia, Oceania, and Africa.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HVAC","symbol_name":"Advisorshares Hvac And Industrials ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2646351811","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646351811","pubTimestamp":1782471505,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Daikin  will set up a wholly owned India R&D unit, Daikin Research and Development India Private, with 13.6 billion yen capital to serve as a Global South development hub, according to a Tokyo bourse filing on Friday.The new entity, set to begin operations in July 2026, will oversee the construction of an R&D center in Haryana, scheduled for completion by June 2028, focusing on large-scale HVAC systems for data centers, factories, and commercial facilities.The move aims to leverage India's deep engineering and IT talent pool to strengthen product development capabilities tailored to local market needs and regulations across Asia, Oceania, and Africa.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HVAC":"Advisorshares Hvac And Industrials ETF","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","HUBG":"Hub Group Inc","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4131":"航空货运与物流","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H"},"translate_title":"大金工业建立印度研发中心瞄准全球南方暖通空调需求","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HVAC":1.5,"MNDmain":0.62,"HUBG":1.5},"content_text":"Daikin (TYO:6367) will set up a wholly owned India R&D unit, Daikin Research and Development India Private, with 13.6 billion yen capital to serve as a Global South development hub, according to a Tokyo bourse filing on Friday.The new entity, set to begin operations in July 2026, will oversee the construction of an R&D center in Haryana, scheduled for completion by June 2028, focusing on large-scale HVAC systems for data centers, factories, and commercial facilities.The move aims to leverage India's deep engineering and IT talent pool to strengthen product development capabilities tailored to local market needs and regulations across Asia, Oceania, and Africa.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}