Delta Electronics India is planning an extension of the production facilities at its Krishnagiri location--this will new two factory buildings--to meet the rising demand from EV OEMs and industrial customers.
While talking to TOI about the expansion, Niranjan Nayak, Managing Director of Delta Electronics India, said the broadened product portfolio would require such a move, which includes telecom and energy infrastructure, power electronics, and EV components. The number of employees at the Krishnagiri site is estimated to increase from 3,750 to 5,000 in the next three years.
In addition to work areas where telecom and data center solutions are leading revenue nowadays, the management team believes that the mobility and building automation market can bring them substantial growth in the future.
Delta Electronics, a supplier of EV components to the top two- and three-wheeler OEMs like Ola, TVS, and Ather, which include motors, connectors, and charging stations, made a statement that it aims to do so within three to five years of India’s EV market to capture a 40% share. To support the domestic vendor ecosystem, efforts are being made, including a dedicated vendor park.
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Jimmy Yiin, Executive Vice President of Global Business Operations, stated that the move represents Delta’s determination to support the Make in India initiative and has the effect of raising India’s standing in the company’s worldwide manufacturing network.
Chief Minister M.K. Stalin formally launched the expansion and a smart manufacturing line. He requested Delta to increase its investment in the R&D centers at Chennai and Coimbatore, thus supporting Tamil Nadu’s ruling position over the production and export of electronic goods.
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