Ashwini Vaishnaw - Latest News Update, Information, Photos & Videos on Ashwini Vaishnaw at Lokmat Times

New Delhi, July 4 Enterprise IT company Hewlett Packard Enterprise (HPE) on Tuesday announced plans to begin manufacturing some of its high-volume servers worth $1 billion in the country.HPE plans to manufacture high-volume servers in the first five years of production from India.With a rapidly growing electronic manufacturing ecosystem in India, HPE has partnered with domestic manufacturer VVDN Technologies to manufacture HPE’s products from its plant in Manesar in Haryana.This manufacturing operation will support the growing demand from customers in India and further strengthen and diversify HPE’s global supply chain.“We welcome HPE’s decision to start their manufacturing line in India, as it will enhance domestic production capacities,” said Union IT Minister Ashwini Vaishnaw.“The recently announced Production Linked Incentive (PLI) Scheme 2.0 aims to make India a global hub for Electronics System Design and Manufacturing (ESDM). We believe large-scale IT hardware manufacturing will help in broadening and deepening the manufacturing ecosystem,” the minister added.HPE has its largest workforce outside the US in India. Its largest campus in the world, at Mahadevapura in Bengaluru, is home to many of HPE’s worldwide product development resources.More than 4,000 of HPE’s most distinguished scientists, engineers, and research teams are based out of HPE’s R&D hub at this campus.Antonio Neri, President and CEO, HPE, said that India is a strategic market for HPE’s business, talent, innovation and now, manufacturing.“Customers in India continue turn to HPE to help them digitally transform, and our 14,000 team members here play a key role in driving our edge-to-cloud strategy,” Neri added.In 2019, HPE announced an investment of $500 million over five years in India to grow its operations and team member base. Since then, HPE has created 2,000 net new jobs in the country and invested in multiple new campuses and offices.“India is expected to grow into a $1 trillion digital economy, and we believe that ‘Make in India’ will help accelerate this vision. With local manufacturing, HPE will be able to better serve the needs of our customers across industries and segments,” said Som Satsangi SVP and managing director, at HPE India.--IANSDisclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Ashwini VaishnawFOLLOW

Ashwini vaishnaw, Latest News

The Narendra Modi government on Thursday made police verification of SIM dealers mandatory, also discontinuing bulk connections to curb ... ...

New Delhi [India], July 13 : Union Railways Minister Ashwini Vaishnaw on Wednesday held a meeting with the CEO ... ...

New Delhi, July 12 India has emerged as the country with the fastest 5G rollout and we must ... ...

New Delhi, July 12 India has emerged as the country with the fastest 5G rollout and we must ... ...

New Delhi, July 11 Taiwanese manufacturing giant Foxconn on Tuesday said it is working on an application to ... ...

Godhra (Gujarat) [India], July 10 : Bharatiya Janata Party National President JP Nadda is on a visit to Gujarat ... ...

New Delhi, July 5 The union cabinet is learnt to have cleared the Digital Personal Data Protection Bill. ... ...

New Delhi, July 4 Enterprise IT company Hewlett Packard Enterprise (HPE) on Tuesday announced plans to begin manufacturing ... ...