HP To Further Boost Its Local Manufacturing Footprint In India: CEO Enrique Lores

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HP To Further Boost Its Local Manufacturing Footprint In India: CEO Enrique Lores


India presents a large alternative for the corporate.

HP Inc is already manufacturing a number of PC merchandise, together with laptops in India, as a part of the federal government’s ‘Make in India’ initiative.

As provide chain disruptions proceed to hang-out tech corporations globally, PC and printer main, HP Inc is bullish on manufacturing its next-gen vary of merchandise regionally in India, to deal with the home market in a significantly better and environment friendly manner, the corporate’s CEO Enrique Lores has emphasised.

Lores instructed IANS that India is a key marketplace for HP the place development continues to occur and the corporate continues to see extra alternatives going ahead.

“We will enhance our manufacturing footprint in India to cater nicely to the home demand. Eventually, we see India manufacturing to assist us higher serve the remainder of the world,” Lores said during the company’s flagship ‘HP Amplify Partner Conference 2023’ here.

HP Inc is already manufacturing multiple PC products, including laptops in India, as part of the government’s ‘Make in India’ initiative.

The firm manufactures a number of fashions of laptops, desktop towers, mini desktops on the Flex facility in Sriperumbudur close to Chennai, Tamil Nadu.

HP is also manufacturing display monitors in the country.

The company led the Indian PC (excluding tablets) market with more than 30 per cent market share in both Q4 and full-year 2022, according to latest data from global market research firm Canalys.

The company is currently manufacturing a wide range of laptops in India, with products such as HP EliteBooks, HP ProBooks and HP G8 series notebooks.

It has also expanded its locally-manufactured commercial desktops by adding various models of desktop mini towers (MT), mini desktops (DM), small form factor (SFF) desktops and a range of All-in-One PCs.

These products have both Intel and AMD processor options and cater to a wide range of customer segments.

HP partnered with supply chain and manufacturing solutions provider Flex to manufacture commercial desktops in the country from August 2020.

According to Lores, India offers a massive opportunity for the company.

“We will continue to invest in India which has always been one of the primary markets for us globally,” the HP CEO instructed IANS.

The PC and printer main is increasing its portfolio in manufacturing throughout a number of merchandise inside India in an effort to guarantee that it performs a significant function in constructing the nation as a world manufacturing hub.

The firm has been working with the central and state governments within the mission to empower the lives of hundreds of thousands of residents and improve the neighborhood’s high quality of life.

According to Lores, as massive enterprises and small and medium companies (SMBs) in India and elsewhere hit the refresh button within the post-pandemic instances, digital transformation has entered prime gear.

The adoption to digital applied sciences is one thing not restricted to massive firms solely as an increasing number of SMBs are on the trail to understand their digital goals and embrace state-of-the-art, safe workplaces, he had instructed IANS in an earlier interplay.

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(This story has not been edited by News18 workers and is revealed from a syndicated information company feed)



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