Daikin
Daikin is expanding in India, lining up ₹2,800 crore in fresh investment (Times of India, 28 Aug), and is raising AC prices 8-10% from 16 September (Mint, 27 Sept). Higher copper, steel, plastic, freight and currency costs push against margins (Mint).
What it means Rival AC makers face the same price pressure, while component suppliers see Daikin's capacity and R&D spending grow.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 6 stories, the newest dated 3 Oct 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
Daikin is a Japanese company that sells cooling products in India, with operations across residential, commercial and data-centre segments. [1] source: Times of India
Show 3 more paragraphs and 6 sources
Its India business includes air conditioners, and it is named among the appliance makers raising AC prices in 2026. [2] source: Business Today[3] source: Mint
In August 2026, the Times of India reported that Daikin plans Rs 2,800 crore of fresh India investment, including Rs 1,300 crore for chiller and high-capacity air-conditioner R&D. [1] source: Times of India R&D and innovation centres are targeted for completion by 2028. [1] source: Times of India Daikin raised prices by 8-10% from 16 September 2026. [4] source: Business Standard[3] source: Mint[5] source: Financial Express Business Today and ET Small Business reported in September 2026 that Daikin was among the makers announcing increases of up to 10% from 1 October. [2] source: Business Today[6] source: ET Small Business Cumulative hikes in some appliance categories have reached 16-18% since January. [2] source: Business Today
Mint reported that Blue Star is raising prices 5-8% for ACs and deep freezers, and that LG and Bosch Home Comfort/Hitachi are raising prices by about 5%. [3] source: Mint ET Small Business reported that LG will raise AC prices by 5-7% from 1 October 2026. [6] source: ET Small Business
Sources
Questions about Daikin
What is Daikin's current strategy in India?
In August 2026 Daikin announced plans for Rs 2,800 crore of fresh India investment, including Rs 1,300 crore for chiller and high-capacity air-conditioner R&D. [1] source: Times of India In September 2026 it raised prices by 8-10% from 16 September. [3] source: Mint[5] source: Financial Express
Who are Daikin's main competitors?
Mint reported in September 2026 that Daikin, Blue Star and other AC makers were raising India prices. Daikin's increase was 8-10% from 16 September, against 5-8% for Blue Star's ACs and deep freezers and about 5% for LG. [3] source: Mint
Stories that mention Daikin
4 stories
Daikin is named in these stories but is not their subject.