Danfoss, a global leader in heating, ventilation, air-conditioning, and compressors (HVAC), has announced plans to significantly expand its local manufacturing capabilities in India over the next five years. This move is aligned with the Indian government’s Make in India initiative and reflects the company’s commitment to strengthening its presence in the rapidly growing HVAC and refrigeration sectors in the country.
Danfoss India, the subsidiary of the Denmark-based company, earlier this year pledged an investment of ₹500 crore to enhance local production of HVAC systems, refrigeration compressors, and control solutions. This strategic investment is aimed at meeting the growing demand for energy-efficient products as the Indian HVACR (Heating, Ventilation, Air-conditioning, and Refrigeration) industry expands.
“The Indian market is a key component of our global strategy, and we are focused on accelerating growth through sustainable innovation in the fast-evolving HVACR sector,” said Kristian Strand, President of Danfoss Commercial Compressors. “By localizing production, we not only aim to meet domestic demand but also strengthen India’s position as an important hub in our Global Climate Solutions operations.”
Danfoss’s increased investment and focus on local manufacturing are designed to meet emerging business opportunities and adapt to geopolitical changes. The company’s expanded operations will include new product lines for compressors, heat exchangers, and controls, bringing world-class solutions to the Indian market.
Ravichandran Purushothaman, Region President of Danfoss India, emphasized the company’s long-term commitment to India. “We have great confidence in the Danfoss India team’s potential as a manufacturing powerhouse, not just for the domestic market but also for global exports. By investing in local talent and ramping up production, we aim to deliver European-quality products more swiftly to the Indian market,” Purushothaman said.
With this significant investment, Danfoss is poised to enhance its competitiveness in India while supporting the country’s goal of becoming a global manufacturing hub.
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