HP To Invest $500 Million For India Growth

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  • HP would begin building a high-tech extension to its campus in Mahadevapura, in Bengaluru
  • The new campus will be able to house more than 10,000 employees as well as state-of the-art R&D facilities
  • HPE would start manufacturing Aruba’s portfolio of mobility and IoT solutions in India before year-end

Hewlett Packard Enterprises (HPE) will invest $500 million in India over the next five years to grow its operations and begin manufacturing in the country. 

HP said it would begin building a high-tech extension to its campus in Mahadevapura, in Bengaluru, that will be able to house more than 10,000 employees as well as state-ofthe-art R&D facilities. 

According to Economic Times, HPE would start manufacturing Aruba’s portfolio of mobility and IoT solutions in India before year-end. In the budget, the government said it was looking to boost electronics manufacturing and said it would launch a scheme to invite global companies to set up mega manufacturing plants. 

IT minister lauded the move
Commenting on this occasion, Ravi Shankar Prasad, minister for communication, electronics & IT said that it is great assurance that a global giant like Hewlett Packard Enterprise is making big investments in India, both in manufacturing as well as research and development.

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Prasad is optimistic that such a development shows the rising confidence of global investors in India’s growing electronics manufacturing sector and the success of Digital India 

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