$ 500m investment, 5000 jobs…
HOSUR- KRISHNAGIRI- DHARMAPURI, now known as the HKD Belt, was once known for its focus on automobile and heavy vehicle manufacture. Today, this belt serves the growing needs of electronics manufacturers. The Tamil Nadu government’s exclusive electronics hardware manu-facturing policy offers a wide range of incentives for com-panies investing in the state and making well-developed land available through SIPCOT. Proximity to Bangalore is one of the main ad-vantages of the location.
Benjamin Lin, President-Delta Electronics India Pvt Ltd,tells how the Taiwanese major zeroed in on this location: Delta Electronics is elated to have chosen Tamil Nadu as the state for investment, given the state’s favourable business conditions and unparalleled support and benefits. Moreover, the State Industries Promotion Corporation of Tamil Nadu Ltd (SIPCOT) has also been instrumental in providing infrastructure facilities and other amenities.
At present, Tamil Nadu is the second-largest manufacturing hub in the country and accounts for around 16 per cent of the national production of electronics and hardware.
Delta committed to investing up to USD 500 million in India and expects to generate more than 5000 new jobs. The workforce in the new plant is expected to gain global exposure and career advancement through world-class self-development programmes and on the job training.
The products manufactured in this plant would proudly carry the motto of “Make in India.”
