Daikin Launches Operations In Kenya As Part Of Global Growth Strategy

Daikin Industries, the world’s largest maker of air conditioning equipment, has launched its operations in Kenya as part of its global strategy to increase its footprint across the emerging markets, globally. Kenya has been globally highlighted as the new hot spot for business growth and Daikin is poised to partner in this economic and infrastructural development.

Daikin India Chairman & Managing Director Mr. Kanwal Jeet Jawa said that the East African market has great potential for air conditioning penetration, which will be supported by the Daikin production facilities in India.

“We are introducing cost-competitive and reliable products to the East African market specifically customized for this weather patterns and fulfilling Kenya’s energy labelling standards. We are strong believers in cost competitiveness which is offering quality products at the right price through local partnerships, powered by advanced technology and with value-addition. Despite being a price-sensitive market, East Africa has the potential to grow our sales which we will aim to achieve through our volume zone strategy,” said Jawa.

The company operates multiple research and development labs across India, that is steadily exploring air conditioning products that are future ready, eco-friendly, and affordable. The India manufacturing facility currently produces over 1 million air conditioning units annually and with the new facility operational over the next few years, it will take Daikin’s total production capacity to 2.5 million air conditioning units.

Daikin seeks to replicate the Indian success model across all emerging markets including East Africa mainly due to the price-sensitivity similarities and create a strong foothold and prominence through – people, processes, products, distribution and brand.

“We aim to develop our business in Africa – where long-term population is expected – using our products that are designed to operate stably in environments with unstable electrical power supply. After years of research and customized products, we are ready to work with our business partners and dealers to grow the air conditioning segment,” added Mr Jawa.

Daikin plans to utilize Kenya as the gateway for its products and Services to East Africa and serve its discerning customers.

Read: After 18-Month Closure, Raddison Blu to Reopen in Nairobi

>>> Sidian Opens Its 43rd Branch In Ruiru

Latest

Amazing Origin of ‘Pesa’ and How Shilling Overtook Foreign Currencies

With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.

Engineer Turned Away by 6 Banks Now Owns Multi-Billion Premium Hotel

In just 12 years, PrideInn Hotels & Resorts has grown from one hotel with 28 rooms to eight hotels in five counties.

Resignation of 3 Standard Group Directors Signals Big Trouble

Standard Group Directors: Media house announced through its Nairobi Securities Exchange filing that Dr Githinji Gitahi - who was an Independent, Non-Executive Director - had quit effective 10th November, 2023.

Tusker Oktobafest Rolls East African Cultures into One

From regional events across Kenya to inaugural gatherings in Uganda and Tanzania, and the Tusker Oktobafest grand finale in Nairobi, the festival harmonized traditions, celebrated diversity, and highlighted the rich cultural tapestry of the East African culture

Follow Us

Newsletter

Don't miss

Tusker Oktobafest Rolls East African Cultures into One

From regional events across Kenya to inaugural gatherings in Uganda and Tanzania, and the Tusker Oktobafest grand finale in Nairobi, the festival harmonized traditions, celebrated diversity, and highlighted the rich cultural tapestry of the East African culture

Lupita’s Little Brother Junior Nyong’o Charting His Own Path in Acting

Junior Nyongó, who is also a musician and a DJ and now a graduate of UC San Diego with an MFA in Acting, is crafting his own solid path in the world of acting with roles in major theatre productions.

Safaricom To Power Tusker OktobaFest Beer Festival

Safaricom’s involvement in OktobaFest as a technology and payments partner will focus on fostering seamless in-festival connectivity, empowering the youth and Gen Z community through Safaricom Hook, and powering digital payments through M-PESA.

Music Producers Launch Organization To Streamline Recording Industry

Recording Industry of Kenya (RIKE) was launched on 9th October 2023. Registered in 2022 as a not-for-profit organization, RIKE aims to promote the collective interests of producers of sound recordings in the country.

Nairobi’s Hero Bar Listed Among World’s 50 Best Bars

World Best Bars: Hero Bar in Nairobi continues to climb the list, moving up six places to No.62 and Johannesburg’s Sin + Tax comes in at No.94. Dubai new entry Ergo is at No.69 and Melbourne’s Byrdi has re-entered the list at No.61.

Kenyan DJs Face Off In Smirnoff Battle Of The Beats Season 3

The Smirnoff Battle of the Beats Season 3, a DJ competition, is poised to unleash an unprecedented musical frenzy countrywide.

The Highs And Lows Of Betty Kyallo, Sisters Show As Season 2 Ends

Kyallo Kulture has always been, above all, about sisterhood, and in Season 2 we have witnessed the charm of it - the ups that gave us wholesome moments as the sisters led by Betty Kyallo spent time together.

DStv Beats CNN, BBC To Become Most Admired Media Outlet In Africa

DStv, MultiChoice Group’s leading broadcast service, has been named...

MultiChoice Revises Subscription Fees For DStv, GOtv

MultiChoice has announced price adjustments on some of their...

Octopizzo: How I Make My Money

"I've been doing this for 12, 13 years. It reaches a point where you no longer need to prove that you can make a hit record," he stated.
BT Reporter
BT Reporterhttp://www.businesstoday.co.ke
editor [at] businesstoday.co.ke

Amazing Origin of ‘Pesa’ and How Shilling Overtook Foreign Currencies

With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.

Engineer Turned Away by 6 Banks Now Owns Multi-Billion Premium Hotel

In just 12 years, PrideInn Hotels & Resorts has grown from one hotel with 28 rooms to eight hotels in five counties.

Resignation of 3 Standard Group Directors Signals Big Trouble

Standard Group Directors: Media house announced through its Nairobi Securities Exchange filing that Dr Githinji Gitahi - who was an Independent, Non-Executive Director - had quit effective 10th November, 2023.

LEAVE A REPLY

Please enter your comment!
Please enter your name here