Delta Electronics (Thailand) Plc has recently revealed plans to expand its operations in India, with a planned investment of approximately $50 million in the coming year. The company, which established its wholly owned subsidiary, Delta Energy Systems (India), in 1996, has been involved in assembling, marketing, and selling power systems. In 2007, it further expanded its presence in India by establishing Delta Power Solutions India Private Ltd., which focuses on the assembly, marketing, and sale of telecom power systems, uninterrupted power supply (UPS) units, and other related products.
Currently, Delta Power Solutions operates two manufacturing plants in India. The first plant, located in Rudrapur, Uttarakhand state, is responsible for producing telecom power supplies and UPS units. The second plant, situated in Pondicherry, Tamil Nadu state, manufactures telecom power supplies and magnetic components. Commercial production is scheduled to commence at the Pondicherry plant on August 28, primarily catering to the Chinese market. Delta Electronics is engaged in discussions with the Indian central government to identify a suitable location in Chennai for the production of low-end electronic components, which will be supplied to the company’s production base in Slovakia.
Anusorn Muttaraid, the Executive Director of Delta Electronics, stated that the company has already invested around 300 million baht in India and plans to allocate an additional $50 million to establish a new plant in Chennai. Muttaraid emphasized that India holds great promise as a market, with its attractive tax incentives. The company’s investments in India are eligible for a tax holiday for the initial five years, followed by a 50% tax reduction for the subsequent five years.
Delta Electronics has set an ambitious target of surpassing $1 billion in sales in India over the next seven years. With its expansion plans and significant investments, the company aims to capitalize on India’s favourable market conditions, including tax incentives, to strengthen its presence and capture a substantial market share in the country’s growing power systems and electronic components sectors.
