Delta Electronics bets big on India
Delta Electronics is doubling down on its commitment to the Indian market with significant investments and expansion plans on the horizon. Recently, the company’s top leadership convened in Mumbai to strategize their growth roadmap, ensuring they are well-positioned to seize the rising opportunities in India. In this exclusive report, Delta’s key leaders share their insights into the company’s plans and the bright future they see for India.
How do you view the global market currently, and what are your thoughts on the Indian market?
Andy Liu, GM – Industrial Automation BG, Delta Electronics: The global industrial automation market this year has been challenging, particularly due to high interest rates, which have deterred companies from investing in capital expenditures. Globally, we anticipate some growth next year, but it won’t be significant. The Indian market, however, presents a very different picture. India relies more on its domestic economy rather than exports, and its economy is currently strong. The Indian government’s encouragement of foreign investment is driving growth, especially in the manufacturing sector. We are investing in the new factory in Krishnagiri and bringing in a lot of automation equipment. This surge in industrial automation not only benefits us but also allows us to offer solutions to new manufacturing companies.
Delta has been present in the Indian market for a long time. How do you see the growth over the years?
Benjamin Lin, President, Delta Electronics India: This year is particularly significant for Delta India as we celebrate our 20th anniversary. It’s also the year we plan to inaugurate our new India headquarters, moving from Gurugram to Bengaluru. Over the past two decades, we haven’t just focused on business; we’ve also invested in R&D centers for local market development and to support our global operations. Our plan includes setting up a new R&D center in Bengaluru, where we aim to attract more than 1,000 R&D resources. This will help us expand our business penetration across India. Manufacturing and Industry 4.0 are still growing, and with Delta’s strengths in industrial automation, we see a lot of opportunities. The influx of global electronics manufacturing trends into India, with a focus on automation, presents significant potential for us to offer various solutions and capabilities tailored to the Indian market.
Could you share insights into Delta Electronics India’s financial performance?
Niranjan S Nayak, MD, Delta Electronics India: 2024 has been a promising year for us so far, and we expect this trend to continue. We focus on industries like infrastructure—specifically energy infrastructure, telecom, and data centers—automation, and power electronics, where we support electronic companies with components and ODM models. These ensure a stable power supply and efficient connectivity. In automation, we offer products such as programmable logic controllers (PLCs), industrial PCs, and variable frequency drives (VFDs). These enhance efficiency and precision across sectors like textiles, packaging, and food processing. We provide power supplies, inverters, and power management solutions to boost the efficiency of electronic devices and systems. Our mobility solutions include onboard chargers and EV charging stations, supporting the growth of electric vehicles and sustainable transport infrastructure. We invest in local manufacturing and R&D in India to meet market needs and uphold our commitment to Environmental, Social, and Governance (ESG) principles.
The industrial automation division of Delta Electronics has seen a lot of development in infrastructure and manufacturing. What is the focus going forward?
Manish Walia, Head of Automation South Asia (India, Bangladesh, Sri Lanka, Nepal), Delta Electronics: Delta Electronics is receiving positive feedback worldwide, particularly because many of our product ideas come from various regions, including India. India is a key market for us, especially in industrial and building automation. In manufacturing, we’ve established strong partnerships with machine makers across different sectors. Infrastructure is a major focus, with significant investments in areas such as airports, metros, and road construction.
