HP To Invest $500 Million In India To Expand Bengaluru Campus, Commence Manufacturing OperationsRepresentative image of an HP laptop. (Pic via HP store website)

US-based PC manufacturing giant Hewlett-Packard Enterprise (HPE) has released a statement revealing its plan to make investments to the tune of $500 million in India over the coming five years, reports Livemint.

Moreover, the company wants to boost its Indian workforce by 20 per cent in 3-5 years; it wants to begin its manufacturing operations in India before the end of 2019.

Most of the funds poured into the country by HPE will be directed at growing its operational, manufacturing and research & development (R&D) capabilities. The company will also build a high-tech extension of its Mahadevapura campus in Bengaluru, where it will eventually have capacity to house 10,000 employees.

“Through our strategic investments in India we will continue to enhance our ability to help customers use technology to redefine experiences, improve operations and achieve their business goals," said MD, HPE India, Som Satsangi.

The company’s initial domestic manufacturing thrust is aimed at producing mobility and internet of things (IoT) products offered by its subsidiary Aruba.

An Appeal...

Dear Reader,

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Become A Patron
Become A Subscriber