Palo Alto CA-headquartered Hewlett Packard Enterprise (HPE) and original design equipment maker VVDN Technologies headquartered both in Gurugram, India, and Fremont, CA, signed a pact to produce high-end servers worth $1 billion in the next five years. The production is expected to start from November this year.
India recently announced the Production Linked Incentives 2.0 which aims to make India a global hub for electronics system design and manufacturing.
“The decision to start manufacturing from India underscores HPE’s long-term commitment to India,” said Som Satsangi, senior vice president and managing director at HPE India. “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, we will be able to better serve the needs of our customers across industries and segments,” he added.
HPE said its largest workforce outside the United States is in India; while its largest campus in the world is located in Bangalore which is home to many of its worldwide product development resources. More than 4,000 of the company’s most distinguished scientists, engineers, and research teams are based out of its R&D hub at this campus.
This will be the second time Hewlett Packard Enterprise is investing in India. In 2019, the company announced an investment of $500 million over five years to grow its operations and team member base in India.
