TAIPEI (Taiwan News) – Delta Electronics Inc. unveiled plans Friday to invest NT$7.23 billion (US$245.22 million) in India and Thailand.
The company said it would not adjust its process of internationalization because of US tariffs or other short-term factors, per CNA. Delta operates plants in Taiwan, Thailand, China, the US, Europe, and India.
In Thailand, Delta’s local subsidiary planned investment spending of NT$5.93 billion, while adding NT$890,000 to purchase machinery. In another move signifying its determination to expand in South and Southeast Asia, Delta Electronics India announced a capital increase of NT$410,000.
One of its prime objectives is to meet the demand of local markets, Delta said. Executives noted the introduction of intelligent manufacturing systems at its Thai subsidiary was the first such move outside Taiwan.
However, a project to purchase land in Slovakia failed to produce results. Delta had planned to spend a maximum of NT$550 million to buy a plot in the city of Nemsova near the Czech border, but the two sides disagreed about the content of the contract.





