Hewlett Packard Enterprise to Invest $500 MN in India
Hewlett Packard Enterprise has laid out plans to invest about $500 million in India over the next five years.
This investment underscores HPE’s long-term commitment to India and will enable the company to grow its operations, manufacturing and employee base in the country, increase its R&D and services exports, as well as invest in technology initiatives to drive positive change for local Indian communities, said the company in its statement.
Further, Hewlett Packard Enterprise plans to increase its workforce in India by 20% over the next three to five years. In particular, HPE will hire new engineering talent with expertise in areas of critical importance to customers such as AI and networking. The company will also begin construction of a high-tech extension to its Mahadevapura Campus in Bengaluru that will be able to house more than 10,000 employees, as well as state-of-the-art R&D facilities. After the completion, the campus aims to support a broad range of functions including R&D, engineering services, finance, and sales.
“Through our strategic investments in India we will continue to enhance our ability to help customers use technology to redefine experiences, improve operations and achieve their business goals,” said Som Satsangi, MD, HPE India. “To deliver on that commitment, we are creating a culture for growth and innovation at HPE. Our new campus will help us to retain and attract quality talent to deliver for our customers and for the citizens of India.”
The HPE investment also includes the commencement of manufacturing in India. The company is scheduled to start manufacturing Aruba’s portfolio of mobility and IoT solutions in India before the end of 2019. Data and connectivity are catalysts for growth in India, and Aruba’s strong intellectual property and mobile-first philosophy make it ideally poised to facilitate this growth. The manufacturing capability in India will allow Aruba to rapidly innovate networking solutions that will deliver benefits in support of the Digital India agenda and to customers across the country.
