Delta Electronics investing $500 million in India to expand presence

Taiwan-based Delta Electronics is investing $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.

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.