· Manufacturing & Investment · Source: thehindubusinessline.com

Danfoss to invest ₹1,500 crore over next 5 years on data centre cooling and heat pumps

Danfoss India, part of the Danish engineering group, plans to invest ₹1,500 crore over five years to boost production of compressors and battery energy storage systems. The move targets rising data centre cooling demand and energy-efficient solutions like heat pumps. President Ravichandran Purushothaman highlighted plans to increase localisation from 55–57% to 80% and double Bengaluru’s compressor plant capacity, while monitoring supply chain risks amid the US-Iran conflict.

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