HP to rollout first PLI product in May, double India output

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Electronics maker HP expects to roll out its first product made under the government’s production-linked incentive (PLI) scheme next month and aims to double its production in India over the next year, a top executive said on Thursday.Amid tariff uncertainties, HP does not anticipate any impact or changes to its domestic production ramp-up roadmap, Ipsita Dasgupta, senior vice president and managing director at HP India, said.

She said the company had a plan to ramp up production in India steadily over the next five years and that plan remains…



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HP to rollout first PLI product in May, double India output


Electronics maker HP expects to roll out its first product made under the government’s production-linked incentive (PLI) scheme next month and aims to double its production in India over the next year, a top executive said on Thursday.Amid tariff uncertainties, HP does not anticipate any impact or changes to its domestic production ramp-up roadmap, Ipsita Dasgupta, senior vice president and managing director at HP India, said.

She said the company had a plan to ramp up production in India steadily over the next five years and that plan remains…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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