Singapore – Danfoss Power Electronics and Drives has exhibited exceptional performance in the first half of 2023, in Asia Pacific and India region.
The Asia Pacific Region has experienced triple the growth compared to market growth, while India has also shown double sales growth from 2019 to 2022 and approximately 30%-40% growth as of June 2023.
The exceptional result is attributed to the immerse opportunities and potential in the region, and the global Foreign Direct Investment (FDI) from west to east.
The region is expecting an optimistic performance forecast for 2024.
President of Danfoss Power Electronics and Drives, Mika Kulju said that Danfoss Power Electronics and Drives is a powerhouse within energy efficiency and electrification. As the world goes electric, our technologies are more relevant than ever, helping the world use energy more efficiently.
Read the full article here.
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1721968666666_Angela Cain Headshot.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1721811419699_External terminal with aircraft.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1721613373175_Scott Halyday sq 1.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1721192722045_Linkedin Combined.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1721031452499_JJ_LAPP 20th Anniversary Logo.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1720578668842_01_Innovation Strategy_HERO 1.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1720252041683_Perth Museum Image Report by Greg Holmes Photography 1.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1720174189403_SIDEX.jpg)
![Sidebar news](https://dxfpracgmlczp.cloudfront.net/2024/07/1720074906699_Group Photo of SG Pavilion with Minister Photo Credits to MND.jpg)