Leading power and energy management firm Delta Electronics, located in Taiwan, is spending $500 million in India to grow its business and improve its production capacity. In line with the ‘Make in India’ campaign, this major investment is a component of the company’s strategic objective to increase its market share in India. The company’s long-term commitment to strengthening its position in the Indian market was reflected in the large investment’s initial announcement in 2015 under the ‘Make in India’ initiative.
Since its founding in 2003, Delta Electronics has made a name for itself in the automation and power electronics industries in India. Among other things, the company specializes in offering solutions for data centers, telecom, electric mobility, and renewable energy. Its vast network of production plants, research and development facilities, and regional offices throughout India serve as an example to its dedication to the nation.
Expansion Plans and Strategic Focus:
Delta’s Krishnagiri factory in Tamil Nadu will be expanded as part of the $500 million investment. For the production of telecom, data center energy efficiency, and electric mobility solutions, this facility is essential. Delta wants to help India’s independence in smart manufacturing and energy infrastructure by improving its manufacturing capabilities while upholding international industry norms.
As part of its expansion strategy, Delta plans to hire more people in India. Over the next five years, the company intends to almost treble its staff, working with 6,500 people instead of 3,500. In order to support this expansion, a new research center will be established in Bengaluru, which will act as a center for talent acquisition and innovation.
Strengthening Research and Development:
An important part of Delta’s investment strategy is its new research and development facility in Bengaluru. The facility is intended to concentrate on creating intelligent, energy-efficient solutions for a range of industries, including as data centers, communications, EV charging, and energy storage. Delta wants to promote locally produced innovation that can serve to both Indian and international markets by increasing its R&D skills.
Over the following three years, the business also plans on recruiting 750 more R&D engineers. This action shows Delta’s dedication to using India’s skilled workforce to propel technology developments in power management and Internet of Things-based smart green solutions.
Market Expansion and Partnerships:
Delta Electronics India and Savex Technologies, an established ICT distributor in India, have inked a Memorandum of Understanding (MOU) to expand their market reach. Through this partnership, Delta will be able to provide its solutions to important government, SMB, and data center players, especially in tier-3 and tier-4 cities.
Delta hopes to meet India’s increasing need for dependable power management and backup systems by partnering with this company to offer creative, energy-efficient solutions. The collaboration is in line with Delta’s plan to further up its efforts to deliver state-of-the-art energy and power solutions to rural regions of the nation.
The $500 million investment made by Delta Electronics in India represents a major turning point in the business’s growth objectives. With increased manufacturing capacity, improved R&D, and a larger workforce, Delta is well-positioned to contribute significantly to India’s industrial and technological advancement. Delta’s dedication to sustainability and innovation puts it in a strong position for future success as the Indian market develops.