Daikin Announces Major Rs 1,000 Crore Investment in Haryana's Manesar
In a significant boost to Haryana's industrial landscape, Japanese multinational Daikin Industries has committed to investing approximately Rs 1,000 crore in Manesar. The announcement was made by Haryana Chief Minister Nayab Singh Saini on Tuesday, highlighting that this substantial investment is expected to create more than 500 new jobs in the state, reinforcing its position as a preferred destination for global corporations.
Investment Reflects Confidence in Haryana's Business Environment
Chief Minister Saini emphasized that Daikin's decision underscores the growing confidence of Japanese companies in Haryana's industry-friendly policies. "This investment is a testament to the state's robust economic framework and our continuous efforts to foster a conducive business climate," Saini stated. He noted that the project aligns with the memorandum of understanding signed during his official visit to Japan in October 2025, marking a pivotal step in strengthening bilateral economic ties.
State-of-the-Art R&D Centre to Drive Innovation
The investment package includes the establishment of a cutting-edge research and development (R&D) centre in Manesar, which Saini described as one of the largest facilities of its kind in India. This centre is poised to become a hub for technological innovation, focusing on advanced manufacturing processes and sustainable solutions. "The R&D centre will not only enhance Daikin's global capabilities but also contribute significantly to India's technological advancement and skill development," the Chief Minister added.
Government Focus on Ease of Doing Business
Saini reiterated the Haryana government's unwavering commitment to improving the ease of doing business and reducing operational costs through strategic policy reforms. "We are dedicated to creating an ecosystem that attracts and retains foreign investment by streamlining regulations and offering incentives," he said. This initiative is part of a broader strategy to position Haryana as a leader in industrial growth and innovation within the country.
Political Outreach to Neighbouring Punjab
In a related development, Chief Minister Saini extended an appeal to voters in neighbouring Punjab, contrasting the BJP's approach with that of other parties. He asserted that the BJP focuses on "development, not appeasement," and urged the people of Punjab to "be ready for change." Saini further claimed that if the BJP comes to power in Punjab, it would take stringent action against the illegal drug trade, addressing a critical issue in the region.
Key Highlights of the Investment:
- Investment Amount: Approximately Rs 1,000 crore by Daikin Industries.
- Location: Manesar, Haryana.
- Job Creation: Over 500 new employment opportunities.
- Project Components: Establishment of a state-of-the-art R&D centre.
- Background: Follows an MoU signed during Saini's Japan visit in October 2025.
This development marks a significant milestone in Haryana's economic trajectory, showcasing its ability to attract high-value foreign investments and foster job growth. As Daikin sets up its expansive operations, the state anticipates a ripple effect of technological advancements and enhanced industrial competitiveness.
