Delta Electronics Targets India’s EV Charging Market

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The company, having established over 10,000 EV chargers for different vehicle types in India, also intends to venture into localized EV component production in the country.

Taiwan-based Delta Electronics, a giant in industrial automation, power electronics, data centres, and EV charging infrastructure, anticipates significant growth in India’s EV charging sector, reflecting the rising adoption of electric vehicles there. Since 2017, Delta Electronics India has installed more than 10,000 EV chargers across various segments, including two- and three-wheelers and passenger vehicles. These chargers range from 3kW to 350kW in capacity.

The company has made substantial investments in design, manufacturing, and sales for India’s EV industry. Rajesh Kaushal, Vice President of Delta Electronics India, emphasizes the company’s global expertise and capabilities in EV charging, including power electronics, thermal management, and software, making it a strong competitor in India’s EV charging infrastructure.

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On January 18, Delta Electronics India unveiled a mobile data centre in Gurugram, designed for quick installation and minimal downtime, targeting the IT, enterprise, industrial, and transportation sectors. This micro data centre aims to provide faster data access for businesses increasingly dependent on digital infrastructure.

Delta Electronics India is expanding into high-voltage fast chargers for electric buses and emphasizes local manufacturing and development. They have invested $500 million in India, including a new factory in Krishnagiri, Tamil Nadu, and produce EV chargers in Rudrapur, Uttarakhand. Additionally, the company plans to introduce localized EV components, like power electronics, from its global range for automotive OEMs in India. Beyond EVs, Delta’s industrial automation, IoT, and Industry 4.0 solutions are crucial for the automotive sector.

Delta Electronics India, established in 2003, has a workforce of 3,500, with about 500 in R&D, engineering, and field application roles in Bengaluru and Gurugram. The Gurugram Center focuses on EV charging innovation and power electronics product development.

Globally, Delta Electronics invests about 8% of its annual revenue in R&D; in India, it’s around 6.5%. The company aims to increase its engineering team in India to 2,000 in the coming years, reflecting its commitment to India as a global hub for R&D excellence, especially in software.

In CY23, Delta Electronics earned $13 billion in revenues globally, with Kaushal highlighting the company’s growth both in India and internationally. Industrial and automotive sectors, particularly industrial automation and EVs, are key focus areas for Delta, with significant opportunities anticipated in the EV segment.

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