HP looks to double down on PC production in India
NEW DELHI: As India moves towards finalising a bilateral trade agreement with the US, American computer giant HP on Thursday said it will grow its manufacturing engagement in the country and will push for making more desktops and laptops.
HP doubled its manufacturing output in the country last year, led by the Rs 17,000-crore production-linked incentive (PLI) scheme for making IT hardware and plans to grow the footprint of local production even further, India MD Ipsita Dasgupta said. “We are growing and are manufacturing through PLI with Dixon. So, we are growing our manufacturing in India. And every year over the next few years, you will see a proportional rise in the percentage of manufacturing here,” Dasgupta told TOI.