Daikin India and Rechi Precision Form Joint Venture for Compressor Production
Daikin Airconditioning India Pvt. Ltd., a subsidiary of Daikin Industries, Ltd., and Taiwan-based Rechi Precision Co., Ltd. have announced plans to establish a joint venture in India focused on manufacturing, designing, and selling compressors for the heating, ventilation, and air conditioning (HVAC) sector. Operations for the joint venture, named Daikin-Rechi India Pvt. Ltd., are projected […]