Danfoss announced the launch of ?India 2015?, a growth strategy that outlines how Danfoss plans to tap further into the fast growing Indian market aiming to triple its turnover by 2015.As part of the strategy, Danfoss expects to invest 500 million DKK over the next four years in a new R&D and manufacturing facility and simultaneously expand its sales effort throughout the country.During this period Danfoss will also ramp up its headcount in India from 200 to well above 1,000 by 2015. Most of these employees will work in R&D and manufacturing performing tasks for Danfoss key business divisions. ?India has emerged as the world?s second fastest growing economy and in the coming years India is expected to stay on the growth path. This will provide significant opportunities for Danfoss across our entire product portfolio. India 2015 describes how we plan to leverage this and take growth to a higher level in India by expanding our sales foot print and establishing R&D and manufacturing on a larger scale than previously,? said  Niels B Christiansen, President & CEO, Danfoss.