By: Charles Kang and Elizabeth Hsu
Bengaluru, India, Feb. 16 (CNA) Delta Electronics Inc., one of Taiwan’s
leading power management system suppliers, is planning to establish an industrial cluster in India that will be the first such Taiwanese venture there.
“This is the best time (for Taiwan) to expand investments in India,” given the Indian government’s incentive programs for foreign investors under its “Make in India” policy, Delta Electronics CEO Cheng Ping (鄭平) said in an interview with CNA on Feb. 15.
Furthermore, competition in the Indian market is relatively fair, said Cheng in the interview, which also included Delta Electronics’ founder Bruce Cheng (鄭崇華).
Delta Electronics is already implementing its latest plan and has invited its suppliers to join in creating an industrial cluster in India, the Chengs said. [FULL STORY]