Delta Electronics investing $500 million in India to expand presence

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Delta Electronics investing $500 million in India to expand presence - Business Standard

Quick Summary:

The company, through its Indian arm has made significant investments since its entry into the domestic market in 2003, Benjamin Lin, President of Delta Electronics India said in a press conference at "Elecrama 2025", organised by IEEMA in Greater Noida.

Taiwan-based Delta Electronics is investing USD 500 million, announced in 2015, under the government's Make in India initiative to expand its presence in the domestic market, a top company official said.

"India is a key market for Delta, and we are committed to driving its industrial and energy transformation with our advanced solutions.