Business
HPE to manufacture high-volume servers worth $1 bn in India

New Delhi, July 4
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.

38 minutes ago
Both India, US-based firms raised concerns on sufficient availability of talent: Dhruva Jaishankar on H-1B fee hike

40 minutes ago
Trump believes Ukraine will be back to its "original form" with EU, NATO support after meeting with Zelenskyy

46 minutes ago
'US just endorsed Milei for President,' Trump tells Argentia President on UNGA sidelines

1 hour ago
'Highly skilled Indians are welcome': German Envoy invites applications to work amid US' H1B Visa row

3 hours ago
Month after facing sexual misconduct charges, Rahul Mamkootathil returns to Palakkad amid protests

5 hours ago
Papon bids adieu to his friend, and Assam’s cultural icon Zubeen Garg

5 hours ago
When Shah Rukh Khan faked an epileptic fit to bunk a class with friends

5 hours ago
Vicky Kaushal is all hearts as ‘Sam Bahadur’ feted with National Award

5 hours ago
R D Narayanamurthy, director of Prabhu Deva, Vadivelu-starrer 'Manathai Thirudi Vittai', passes away

5 hours ago
Rani Mukerji fixes lanyard of SRK’s National Award

5 hours ago
Hindenburg was a direct challenge to audacity of Indian enterprises to go global: Gautam Adani

5 hours ago
PM Modi to throw open World Food India 2025 today, over 90 countries participating in event

5 hours ago
Youth suspected to have drowned in J&K’s Ganderbal was actually murdered: Police