Danfoss India Projects to Double Sales by 2025 Amid Robust Domestic Growth

Danfoss India, the heating and air-conditioning leader, is poised to double its sales by 2025, driven by strong growth in the Indian market, energy efficiency opportunities, and government initiatives for de-carbonisation.

Danfoss India, a leading player in the heating, ventilation, and air-conditioning sector, is experiencing significant growth in the domestic market and aims to double its sales by 2025, according to a top company official.

The Indian subsidiary of the Denmark-based Danfoss Group identified the Indian market as its fastest-growing region, with strong double-digit growth in the first half driven by opportunities in energy efficiency and electrification.

During a recent statement, Danfoss India attributed its robust growth to the rapid expansion of data centres, commercial buildings, and government initiatives like Production-Linked Incentive (PLI) schemes that support de-carbonisation efforts.

(With inputs from agencies.)