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.
“India is one of the largest and fastest-growing economies in the world, and our investments will further develop the country as a critical market for HPE’s global business, as well as benefit our customers, partners, employees and the citizens of India,” said Antonio Neri<\/a>, president and CEO of HPE and a member of the US-India CEO Forum.
The company said it 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 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,” said Ravi Shankar Prasad<\/a>, minister for communication, electronics & IT. “It shows the rising confidence of global investors in India's growing electronics manufacturing sector and success of Digital India.”<\/body>","next_sibling":[{"msid":70372870,"title":"'WhatsApp to engage with policymakers to strengthen privacy'","entity_type":"ARTICLE","link":"\/news\/whatsapp-to-engage-with-policymakers-to-strengthen-privacy\/70372870","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"70371763","title":"Untitled-5","entity_type":"IMAGES","seopath":"tech\/ites\/hp-to-invest-500-million-for-india-growth\/untitled-5","category_name":"Hewlett Packard Enterprise to invest $500 million for India growth","synopsis":"The company said it would start manufacturing Aruba\u2019s portfolio of mobility and IoT solutions in India before year-end. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-102752\/70371763.cms?width=150&height=112","link":"\/image\/tech\/ites\/hp-to-invest-500-million-for-india-growth\/untitled-5\/70371763"}],"msid":70372876,"entity_type":"ARTICLE","title":"HP to invest $500 million for India growth","synopsis":"\u200b\u200bHP 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. ","titleseo":"telecomnews\/hp-to-invest-500-million-for-india-growth","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2019-07-25 09:08:42","lastupd":"2019-07-25 09:08:42","breadcrumbTags":["hewlett packard enterprises","Antonio Neri","it sector india","Ravi Shankar Prasad","Enterprise IT"],"secinfo":{"seolocation":"telecomnews\/hp-to-invest-500-million-for-india-growth"}}" data-news_link="//www.iser-br.com/news/hp-to-invest-500-million-for-india-growth/70372876">