Taiwan’s Delta Electronics, a global technology company, is making significant strides in India. The company recently announced ambitious plans to nearly double its workforce in the country over the next five years.
With a focus on expanding its presence in India’s rapidly growing tech industry, the company aims to add 3,000 employees to its current workforce of approximately 3,500.
Delta Electronics Growth Strategy
The company has inaugurated its largest research center in Bengaluru, India. This move underscores the company’s commitment to innovation and technological advancement.
Delta Electronics plans to invest $500 million in India as part of its expansion strategy. While this investment was initially announced in 2015-16, execution was delayed due to the COVID-19 pandemic.
Bengaluru, often referred to as the Silicon Valley of India, is home to major tech companies. Delta Electronics strategically chose this city to attract top talent and facilitate future developments.
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The Significance & Shift
The company is keen on expanding its business in selling high-powered servers for artificial intelligence (AI) work. While this growth area excites investors, profitability challenges remain due to expensive components like Nvidia Corp.’s computer chips.
India is evolving from a low-cost back-office location to a high-value innovation hub. Overseas firms are increasingly setting up GCCs in India, contributing significantly to the country’s GDP.
Delta Electronics will shift its local headquarters from Gurugram to Bengaluru. This move brings the company closer to its manufacturing sites in the neighboring state of Tamil Nadu.
Bengaluru’s reputation as a talent magnet makes it an ideal location for attracting skilled professionals. The city’s ecosystem of tech talent and innovation aligns with Delta Electronics’ growth aspirations.
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