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Delta India to Set up Export-Oriented Plant in Channai.


Date: 28-09-2010
Subject: Delta India to Set up Export-Oriented Plant in Channai
Sep 27 (PTI) Delta India, part of the leading UPS and telecom power solution and green energy provider Delta Energy Systems, has decided to bet big on India's huge telecom and renewable energy sectors by deciding to set up a plant in Chennai and planning another in Kolkata. Delta India, which has set up the world's first "green factory" in Rudrapur, Uttar Pradesh, with the help of renewable energy sources, is going to establish the export-oriented Chennai unit with a work force of 4,000, Delta Energy System's Executive Director Anusorn Muttaraid told Indian journalists here. Upbeat about the growing Indian telecom market and aiming to make India as the export hub for the world to compete with China, he said the Chennai unit, which would be targeting the European market, could also at a later stage consider catering to the Indian market. The Delta India already has a manufacturing plant in Puduchery which, having 2,000 employees, exports products to China. Anusorn said he is also looking for land in Kolkata to set up a factory by next two years to target the European market as also SAARC countries like Bangladesh, Bhutan and Nepal. He, however, acknowledges the difficulty in acquiring land in Kolkata in view of opposition from different quarters. A key component of Delta India's plan to set up the factories in Chennai and Kolkata is the decision to recruit a sizable number of skilled women workers whom Aunsorn found by the experience in Puducherry plant are equal in performance as men. "We have already invested 100 million dollars in India and we are going to put in another 100 million dollars there," said Anusorn, who is also the Chairman of Thailand-India Business Council. Replying to a question, he said given that the telecom sector has hit a high growth trajectory in India, telecom power sub-sector has "very bright prospects." He said the Delta also wants to manufacture power conversion equipment in India, which at present is being imported from Thailand for export, in order to be more competitive with China. He said Delta's Indian investment story is aimed at competing with China for the world telecom power market but pointed out that while Chinese authorities provide all support for export units, the same is hard to match by India. "I need the support of Indian government to export to the world because I want to compete with China," he said.

Source : ibnlive.in.com

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