HPE to Invest $500 Mn in India; Start Manufacturing IoT Solutions by End of 2019

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  • The company plans to increase its workforce in India by 20 percent over the next three to five years. 
  • ​​It would also begin building a high-tech extension to its campus in Mahadevapura in Bengaluru.

 Hewlett Packard Enterprise (HPE) will be investing $500 million in India over the next five years to expand its operations, manufacturing capabilities and employee base in the country.

The company plans to start manufacturing its subsidiary Aruba’s portfolio of mobility and internet of things (IoT) solutions in India before the end of 2019.

“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,” HPE said in a statement.

A part of the investment will also be used to increase its workforce by 20 percent over the next 3-5 years, the company said.

Specifically, HPE will hire new engineering talent with expertise in areas of critical importance to customers such as artificial intelligence (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.

When complete, the 1.3-million-square-foot campus will support a broad range of functions including R&D, engineering services, finance and sales.

India – a critical market for HPE’s global business    

Antonio Neri, President and CEO of HPE and a member of the US-India CEO Forum, said India is one of the largest and fastest-growing economies in the world, and the investments will further develop the country as a critical market for HPE’s global business.

HPE will also use this investment to support the government’s initiative to use technology in driving societal change in the areas of eEducation, eHealth and Digital Village, he said.

Electronics and IT Minister Ravi Shankar Prasad said it is a matter of 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.

“It shows the rising confidence of global investors in India’s growing electronics manufacturing sector and success of Digital India,” he added.

 

 

Longjam Dineshwori

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