July 5, 2023
2 mins read

HPE announces expansion plans

HPE plans to manufacture high-volume servers in the first five years of production from India…reports Asian Lite News

Enterprise IT company Hewlett Packard Enterprise (HPE) on Tuesday announced plans to begin manufacturing some of its high-volume servers worth $1 billion in the country.

HPE plans to manufacture high-volume servers in the first five years of production from India.

With a rapidly growing electronic manufacturing ecosystem in India, HPE has partnered with domestic manufacturer VVDN Technologies to manufacture HPE’s products from its plant in Manesar in Haryana.

This manufacturing operation will support the growing demand from customers in India and further strengthen and diversify HPE’s global supply chain.

“We welcome HPE’s decision to start their manufacturing line in India, as it will enhance domestic production capacities,” said Union IT Minister Ashwini Vaishnaw.

“The recently announced Production Linked Incentive (PLI) Scheme 2.0 aims to make India a global hub for Electronics System Design and Manufacturing (ESDM). We believe large-scale IT hardware manufacturing will help in broadening and deepening the manufacturing ecosystem,” the minister added.

HPE has its largest workforce outside the US in India. Its largest campus in the world, at Mahadevapura in Bengaluru, is home to many of HPE’s worldwide product development resources.

More than 4,000 of HPE’s most distinguished scientists, engineers, and research teams are based out of HPE’s R&D hub at this campus.

Antonio Neri, President and CEO, HPE, said that India is a strategic market for HPE’s business, talent, innovation and now, manufacturing.

“Customers in India continue turn to HPE to help them digitally transform, and our 14,000 team members here play a key role in driving our edge-to-cloud strategy,” Neri added.

In 2019, HPE announced an investment of $500 million over five years in India to grow its operations and team member base. Since then, HPE has created 2,000 net new jobs in the country and invested in multiple new campuses and offices. 

“India is expected to grow into a $1 trillion digital economy, and we believe that ‘Make in India’ will help accelerate this vision. With local manufacturing, HPE will be able to better serve the needs of our customers across industries and segments,” said Som Satsangi SVP and managing director, at HPE India.

ALSO READ: Jio’s new Rs 999 phone upsets rivals

Previous Story

Ayush Shukla: social media is a modern CV

Next Story

Varanium Capital to promote 100 startups

Latest from -Top News

Gazans Struggle to Revive Life

Today, Gaza’s markets seem to awaken from beneath the ruins. Partially destroyed shops opened their doors amid streets littered with debris, while merchants attempt to arrange what remains of their goods on

GAZA AID: MSF raps Israel

Doctors Without Borders (MSF) says Israel Continues to Use Aid as a Weapon of War Against Gaza Strip…reports Asian Lite News Doctors Without Borders (MSF) said that despite the ceasefire agreement, Israel

Qatar Emir Meets Trump

HH the Amir welcomed HE the US President and his accompanying delegation, expressing his pleasure at meeting the President during his stopover in Qatar…reports Asian Lite News HH the Amir Sheikh Tamim

American missionary abducted in Niger

The US Embassy in Niamey issued a security alert warning that American citizens “remain at a heightened risk of kidnapping throughout Niger, including in the capital city”…reports Asian Lite News An American
Go toTop

Don't Miss

ADNOC, Reliance sign pact for chemical project

The agreement capitalises on the growing demand for these critical

Global banks to rake in solid profits in 2023

According to Moody’s banks in North America, the Middle East,