Enrique Lores, the company’s CEO, has stressed that HP Inc. is confident in producing its next-generation range of products domestically in India in order to better and more effectively serve the home market as supply chain issues continue to plague IT businesses abroad.
India is a crucial market for HP, according to Lores, where growth is continuing and the business continues to see additional prospects in the future.
“To meet domestic demand effectively, we will expand our production footprint in India. We eventually see India manufacturing to assist us in providing better services to the rest of the world, “Lores made this statement at the company’s premier “HP Amplify Partner Conference 2023,” held here.
As part of the government’s “Made in India” policy, HP Inc. already produces numerous PC products, including laptops, in India.
At Sriperumbudur, a town close to Chennai in Tamil Nadu, the Flex factory is where the company produces a variety of laptop, desktop tower, and tiny desktop models.
Display monitors are another product that HP produces here.
According to the most recent data from international market research firm Canalys, the corporation held the majority of the Indian PC (excluding tablets) market share in both the fourth quarter and the entire 2022 period.
With devices like HP EliteBooks, HP ProBooks, and HP G8 series notebooks, the company is now producing a wide range of laptops in India.
It has also added a variety of types of desktops, including mini towers (MT), mini desktops (DM), small form factor (SFF) desktops, and a selection of all-in-one PCs, to its line of locally built commercial desktops.
These products serve a variety of consumer sectors and offer both Intel and AMD processor options.
Commercial desktops will be produced in the nation starting in August 2020, thanks to a collaboration between HP and supply chain and manufacturing solutions provider Flex.
India presents a significant possibility for the business, claims Lores.
The CEO of HP told IANS, “We will keep investing in India, which has always been one of our main markets globally.”
In order to ensure that it contributes significantly to the development of India as a hub for global manufacturing, the leading PC and printer company is extending its portfolio of products that are manufactured there.
In order to improve the lives of millions of people and the quality of life in the neighbourhood, the company has been collaborating with the federal and state governments.
In the post-pandemic era, Lores claims that digital transformation has accelerated as large corporations and small and medium-sized businesses (SMBs) in India and abroad push the refresh button.
He had previously told IANS that the use of digital technology was not just a phenomenon for giant enterprises because more and more small and medium-sized businesses (SMBs) were on the road to realising their digital ambitions and embracing cutting-edge, safe workspaces.