India is key focus area, 3D printers next big thing

Wednesday, 20 March 2019, 04:28 Hrs
18
cmt right
19
Comment Right
48
cmt right
10
cmt right
Printer Print Email Email
India is key focus area, 3D printers next big thing


India is a very attractive market with high brand recognition for a computer hardware producer like Hewlett Packard, said HP Inc's President for Asia Pacific and Japan, Tian Chong Ng.

The Asia Pacific region -- in which India is a key focus area -- has been the fastest growing for HP and provided 16 per cent revenue growth last year. 

In Q1 of FY2019 it registered 8 per cent growth year-on-year, said Ng in the course of the HP Reinvent 2019 conference, the company's largest global partner event.

One reason for that is -- India - and also the Asia Pacific region -- tick marks on demographics trends which provide clear wins for HP: rapid urbanisation and more millennials are joining the work force.

While HP is very positive on India and recognises its potential, there are no plans yet for setting up a manufacturing base in India. Ng said it already has a manufacturing base in China apart from others in Vietnam, Thailand and Japan.

"There is an existing ecosystem in China and we don't have plans for setting up a manufacturing base in India, he said.

One focus area is the 3D printer, which offers HP great opportunity. Construction and automotive sectors are the focus areas here. Meanwhile, an MoU has been signed with the Andhra Pradesh government.

"To be successful in India demands that we understand it," he said.

HP is also pushing gaming in a big way. However, this has not led to any thinking for manufacturing mobile phones in India, despite the high number of gamers in the country spurred by affordable android phones and cheap data.

"Our strength is the PC business and we offer a whole family of products in that space," Ng said.



Read More News:



Microsoft releases refreshed 'Skype for Web' on Chrome, Edge browsers

Medtech firm wins Qualcomm challenge for start-ups


Source: IANS
SPOTLIGHT
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
Entertainment
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
Technology
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..
Finance
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
Career
Wiley, a global leader in research and education has announced a series of blended learning progr..
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Gadgets
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
Business
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..