Danfoss to double India business revenues by 2025
ECONOMY & POLICY

Danfoss to double India business revenues by 2025

Danfoss India, a global leader in heating, ventilation, and air conditioning, has set a goal of more than doubling its India business revenue by focusing on its core business segments.

The company aims to generate Rs 50 billion in revenue by 2025, and as part of its growth strategy, it intends to expand its footprint across the country. The company expects to earn more than Rs 20 billion in revenue in fiscal year 2022. With a current presence in 56 cities, Danfoss India intends to expand into more than 80 cities and increase product localization from 50% to 80-90 percent.

Other plans include the introduction of new products in the energy, food, health care, infrastructure, and mobility sectors.

Danfoss India, a global leader in heating, ventilation, and air conditioning, has set a goal of more than doubling its India business revenue by focusing on its core business segments. The company aims to generate Rs 50 billion in revenue by 2025, and as part of its growth strategy, it intends to expand its footprint across the country. The company expects to earn more than Rs 20 billion in revenue in fiscal year 2022. With a current presence in 56 cities, Danfoss India intends to expand into more than 80 cities and increase product localization from 50% to 80-90 percent. Other plans include the introduction of new products in the energy, food, health care, infrastructure, and mobility sectors.

Next Story
Infrastructure Transport

Thane-Belapur Road Shut at Night for Repairs Until 21 May

Commuters on Thane-Belapur Road in Navi Mumbai should brace for temporary night-time disruptions, as the Navi Mumbai Municipal Corporation (NMMC) commences critical road strengthening works. The upgrade will involve the closure of a key stretch between Savita Chemical and Turbhe Railway Station each night from 14 to 21 May, between 9 PM and midnight.The NMMC has stressed that this work is essential to enhance the long-term durability and safety of one of the city’s busiest thoroughfares. The nightly closure will affect all vehicles, including two-wheelers, auto-rickshaws, and private cars.To..

Next Story
Infrastructure Urban

MCD Launches Digital Parking at 8 Locations Across Delhi

The Municipal Corporation of Delhi (MCD) has launched a digital parking system at eight prominent locations across the capital, introducing a tech-driven approach to urban mobility and parking management.The initiative is designed to streamline parking operations, encourage cashless payments, and ensure greater transparency in revenue collection. The pilot rollout has been implemented in busy areas such as Karol Bagh, Lajpat Nagar, Nehru Place (Outer and Inner Ring), Shastri Park, and Kashmere Gate ISBT.Under the new system, four-wheelers will be able to make payments via FASTag, while two-whe..

Next Story
Infrastructure Transport

Delhi Plans 21 New Foot Overbridges for Pedestrian Safety

The Public Works Department (PWD) of Delhi has received a proposal to construct 21 new foot overbridges (FOBs) across high-traffic locations in the city, following a review by Chief Minister Rekha Gupta and the Delhi Traffic Police. Ground surveys are now underway to prepare detailed project reports.The initiative aims to improve pedestrian safety and accessibility in key congested areas. Among the proposed sites are Shyama Prasad Mukherjee Marg near Old Delhi Railway Station’s exit, Shaheed Captain Batra Chowk, the LNJP Hospital in Central Delhi, Ajmeri Gate Chowk, Munja Chowk on Boulevard ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?