HPE To Invest USD 500 Million For India’s Digital Growth
Hewlett Packard Enterprise (HPE) announced its plan to invest $500 million in India over the next five years. This strategic 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.
“The Modi 2.0 administration’s vision of a $5 trillion economy is impressive and fitting for a country with this level of energy and opportunity,” said Antonio Neri, President and CEO of HPE and a member of the US-India CEO Forum.
“India is one of the largest and fastest-growing economies in the world, and our investments will further develop the country as a critical market for HPE’s global business, as well as benefit our customers, partners, employees and the citizens of India,” Neri 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,” said Ravi Shankar Prasad, Union Minister for Law & Justice, Communication and Electronics & Information Technology.
Prasad said that this shows the rising confidence of global investors in India’s rapidly growing electronics manufacturing sector and the success of Digital India.
Development of India as a Key Growth Market
To support India’s continued growth as a strategic market for HPE’s global business, HPE 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.
HPE 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 feature a state-of-the-art workplace, powered by HPE technologies, designed to enhance the employee, customer, and partner experience and foster a culture of innovation. The campus will 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,” said Satsangi.
HPE also plans to commence 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.
HPE investment also includes innovations in support of the Indian government’s initiatives to apply technology to drive positive societal change in critical areas, such as eEducation, e-health and digital village.
Finally, the HPE investment will help enterprises in India redefine experiences, drive intelligent operations and extract value from their data. For example, Vodafone Idea, the largest mobile operator in India, is working with HPE to transform the network’s Service & Network Operations Center.
The idea is to control its vast network and service offerings to over 334 million subscribers using HPE next generation operations support systems (OSS). The telco also uses HPE Intelligent Assurance to turn vast amounts of telecommunications network data into actionable insight.