Danfoss Sees India as the Crown Jewel in Its Global Expansion Plan

According to Ravichandran Purushothaman, president of Danfoss India, by 2028 India will become one of the top three growth regions for the Denmark-based company. India has become the fastest growth region in the world for Danfoss, with very good double-digit growth, along with huge investments into local manufacturing and capacity expansion. With this momentum that India has in energy efficiency, electrification, and sustainability, Danfoss is positioning to further strengthen its foothold in the Indian market. The company is looking to do this in line with its global strategy of accelerating innovation and sustainable growth across its geographies. 

 

Source: The Economic Times