Delta Electronics: Delta Electronics to invest in renewable energy in India – Times of India
New Delhi: Delta Electronics is set to prioritize investments in renewable energy, energy efficiency and the circular economy in India, said a senior executive.
The development follows a commitment of $500 million investment in India by the industrial automation giant over the next five years to expand manufacturing capabilities and establish new research and development centers. Delta Electronics India currently operates multiple manufacturing facilities across the country with a workforce of over 3,000 employees.
“To sharpen its focus on the Indian market, we have designated India as a region within the organization and allocated additional resources accordingly. In the short term, we may concentrate on expanding our existing product lines, entering new markets, and collaborating with local companies to increase market share and revenue in India. Improving operational efficiency, supply chain management, and customer service could also be among its priorities,” said Benjamin Lin, president at Delta Electronics India.
“In the long term, we have plans to invest in developing new products and solutions customized for the Indian market, investing in R&D, establishing new manufacturing facilities and expanding our distribution network. As part of our growth strategy in India, the company may also prioritize investments in renewable energy, energy efficiency, and the circular economy,” he added.
Delta Electronics has been expanding its operations and investing in new technologies and R&D centers, while developing innovative solutions that help reduce carbon emissions and address climate change.
“As for the industry, the demand for energy-efficient solutions and sustainable infrastructure is likely to continue growing as countries around the world strive to reduce their carbon footprints and transition to clean energy sources. This presents a significant opportunity for companies like ours to innovate and offer solutions that meet these changing needs,” said Lin.
He, however, pointed out that one of the major challenges faced by the industrial automation sector is the shortage of skilled professionals. “The industry requires highly skilled workers with expertise in fields such as robotics, artificial intelligence, and data analytics, but there is a significant shortage of these skilled professionals across the globe,” he said.
The development follows a commitment of $500 million investment in India by the industrial automation giant over the next five years to expand manufacturing capabilities and establish new research and development centers. Delta Electronics India currently operates multiple manufacturing facilities across the country with a workforce of over 3,000 employees.
“To sharpen its focus on the Indian market, we have designated India as a region within the organization and allocated additional resources accordingly. In the short term, we may concentrate on expanding our existing product lines, entering new markets, and collaborating with local companies to increase market share and revenue in India. Improving operational efficiency, supply chain management, and customer service could also be among its priorities,” said Benjamin Lin, president at Delta Electronics India.
“In the long term, we have plans to invest in developing new products and solutions customized for the Indian market, investing in R&D, establishing new manufacturing facilities and expanding our distribution network. As part of our growth strategy in India, the company may also prioritize investments in renewable energy, energy efficiency, and the circular economy,” he added.
Delta Electronics has been expanding its operations and investing in new technologies and R&D centers, while developing innovative solutions that help reduce carbon emissions and address climate change.
“As for the industry, the demand for energy-efficient solutions and sustainable infrastructure is likely to continue growing as countries around the world strive to reduce their carbon footprints and transition to clean energy sources. This presents a significant opportunity for companies like ours to innovate and offer solutions that meet these changing needs,” said Lin.
He, however, pointed out that one of the major challenges faced by the industrial automation sector is the shortage of skilled professionals. “The industry requires highly skilled workers with expertise in fields such as robotics, artificial intelligence, and data analytics, but there is a significant shortage of these skilled professionals across the globe,” he said.
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