Summary: Taiwan’s Delta Electronics is investing $500 million in India to enhance manufacturing and innovation, aligning with the ‘Make in India’ initiative. The investment will expand production facilities for power electronics, EV components, and energy-efficient solutions while creating jobs and boosting India’s role in the global supply chain. Delta is also investing in R&D to drive advancements in smart automation and green energy. The company sees India as a key market due to favorable policies, skilled talent, and rising demand for technology, further strengthening India’s position in global electronics manufacturing.
Taiwan-based Delta Electronics has announced a substantial $500 million investment in India, aimed at strengthening the country’s manufacturing capabilities and fostering innovation in advanced technologies. The investment aligns with India’s ‘Make in India’ initiative and is expected to create numerous job opportunities while enhancing the nation’s role in the global supply chain.
Delta Electronics, a global leader in power and energy management solutions, plans to expand its production facilities across India. The company will focus on manufacturing high-tech products, including power electronics, electric vehicle (EV) components, and energy-efficient solutions. This move is set to bolster India’s position as a major hub for electronics and sustainable technology development.
In addition to manufacturing expansion, Delta Electronics is investing heavily in research and development (R&D). The company aims to drive innovation in energy-efficient technologies, smart automation, and green energy solutions, reinforcing its commitment to sustainability and technological advancement.
Delta Electronics’ CEO expressed confidence in India’s potential as a key market, citing favorable government policies, skilled talent, and a growing demand for cutting-edge technology. The investment underscores India’s increasing significance in global electronics manufacturing and its potential to attract more foreign direct investment (FDI) in the future.
With this significant commitment, Delta Electronics continues to solidify its presence in India while contributing to the country’s economic growth and technological progress.
Last Updated on: Tuesday, February 25, 2025 7:50 am by Economic Edge Team | Published by: Economic Edge Team on Tuesday, February 25, 2025 7:50 am | News Categories: Business
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