Chennai: In a move that aligns with the Government of India’s ‘Make in India’ initiative, Danfoss, a global leader in energy-efficient technologies, plans to progressively ramp up local manufacturing capabilities in India within the next five years. As the country’s HVACR sector continues to expand rapidly, Danfoss management’s decision to support its customers through increased localization and the addition of new production lines for HVACR compressors, heat exchangers & controls will help bring world-class Danfoss solutions to the Indian market at an accelerated pace.
The decision to invest in ramping up local manufacturing capabilities in India will help minimize the company’s dependency on imports for the Indian market. It will also lead to repeated efforts to build/strengthen the local supplier ecosystem, a prerequisite for meeting the increasing market demands for Danfoss’ solutions. It marks a major milestone in Danfoss’ India manufacturing landscape, thus adding more sustainable, efficient, and affordable cooling solutions to its “Make in India” portfolio.
