Danfoss India President Ravichandran Purushothaman along with Danfoss President and CEO Kim Fausing
The recent acquisition of German compressor manufacturer Bock GmbH by Danfoss would provide a huge opportunity in mobile air-conditioning for the latter’s Indian subsidiary, said top officials.
“Bock makes semi-hermetic compressors that uses natural refrigerants such as CO2. These are game changers given they have less harm on climate change and offer higher efficiencies in storing food for longer duration,” said Danfoss India president Ravichandran Purushothaman told reporters.
Stating the acquisition augured well for Danfoss as India is planning to roll out several Vande Bharat trains over the next two years, he said “Bock has a facility in Bengaluru Electronics City and it products are used widely in transport air-conditioning such as bus, rail or trucks and this will fill the gap for us.”
Danfoss President and CEO Kim Fausing said Bock was acquired on March 1 and it would be integrated with Danfoss and continue as a business division.
Mr. Ravichandran said that Danfoss India was hopeful of doubling its turnover to ₹5,000 crore by 2025 and get ranked among top five countries within the group.
Mr. Fausing was in the city to celebrate Danfoss India Silver Jubilee celebrations.
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