New Delhi, Feb. 23 -- Taiwan-based Delta Electronics is investing $500 million in India as part of its expansion under the 'Make in India' initiative.

This investment, originally announced in 2015, is aimed at strengthening the company's presence in the Indian market, the company said.

A major part of this investment is focused on expanding Delta's facility in Krishnagiri, located around 90 km from Bengaluru.

The Krishnagiri facility plays a key role in manufacturing solutions for the electric mobility sector, including fast EV charging infrastructure.

It also produces telecom industry solutions such as direct current converters and rectifiers, along with technologies designed to reduce the power consumption of data centres.

In his a...