Danfoss India eyes up to 50% localisation by 2020

With a focus on expanding its presence in India, Denmark-based heating, ventilation and air-conditioning (HVAC) major Danfoss is aiming to increase manufacturing localisation to up to 50 per cent and double its supplier base in the country by 2020.

"Our focus currently is on expanding our business in India. We have come a long way since the time we entered this market as a sales company to manufacturing products...," Danfoss India President Ravichandran Purshothaman told

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