Daikin Reaffirms Commitment To Growth, Expansion

A manufacturer of air conditioning, heating, ventilation, and refrigeration (HVAC-R) products and solutions, Daikin Industries of Japan, has reaffirmed its commitment to expansion and growth in the Nigerian market.

The chairman and managing director of Daikin India, Kanwaljeet Jawa, disclosed this when he led a high-powered delegation of the company on a visit to the factory and assembly plant of its Nigerian partner, Sacral Industries Limited, located in Isolo, along the Oshodi-Apapa Expressway, Lagos, recently.

According to Jawa, Daikin has made significant investments in the Indian market to prepare for the export market, especially to the African continent. He stressed that the company is committed to taking advantage of market opportunities in line with its aspiration to become a dominant brand in the African market.

“India can cater to the Nigerian market very well because the needs are similar if you look at it from the standpoint of price, people’s requirements, processes, systems, and brand.

So, the combination of innovative Japanese technologies and the partner’s understanding of the local market will help a great deal in becoming number one in the market,” he said.

RELATED

Dangote Cement Grows Nigeria’s Exports By 18.2%, Records N520.5bn Net Profit

11 hours ago

Dropped Luggage: Foreign, Local Airlines Must Pay $170, N10,000 Compensation, Says NCAA

11 hours ago

Also, he stated that Daikin India has enormous capacity to deliver the right innovative products to meet the Nigerian market’s demands since the needs of both countries are similar.

“I am highly impressed with what I have seen in the factory and training center facilities. With this, I think I can boldly say that Nigeria is ready to deliver for Daikin. For me, this is the right time for us to take off and move the Daikin brand to the next level. We strongly feel that we can now supply the products from India since we have a ready market here in Nigeria,” he said.

He revealed that the company would continue to invest in technology, research, and development with the goal of meeting customer needs. This aligns with the company’s target to secure a 10 per cent market share in the room air-conditioning market segment in Nigeria soon.

In his remarks at the event, the chairman of Sacral Industries Limited, Bhojraj Rupani, expressed excitement about the renewed partnership with Daikin, noting that it was poised to deliver the best quality and affordable products to Nigerian customers.