Particle.news

Download on the App Store

Daikin, Kubota Pledge ₹3,000 Crore for Haryana in Osaka Announcements

The deals cap a Japan roadshow by Haryana officials highlighting single-window approvals alongside industrial cluster development.

Overview

  • An MoU was signed in Osaka between the Haryana government and Daikin under which the company will invest ₹1,000 crore to set up a new R&D centre in the state.
  • The Daikin agreement was signed by Haryana’s Amit Kumar Agrawal and Daikin’s Shogo Endo in the presence of Chief Minister Nayab Singh Saini.
  • Kubota announced a ₹2,000 crore investment in collaboration with Escorts to expand agricultural equipment manufacturing in Haryana.
  • Saini visited Kubota’s tractor plant in Osaka and held detailed talks on investment opportunities and technical collaboration for farm machinery production.
  • Officials said the Daikin facility will be one of the company’s key research centres focused on advanced and sustainable technologies, as the state pitches single-window clearances, industrial clusters, strong transport links and reliable power to investors.