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 HP, said HP Inc’s President for Asia Pacific and Japan, Tian Chong Ng.

The Asia Pacific region — in which India is a key focusarea — has been the fastest growing for HP and provided 16 per cent revenuegrowth last year.

   

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

One reason for that is — India – and also the Asia Pacificregion — 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 italready has a manufacturing base in China apart from others in Vietnam,Thailand and Japan.

“There is an existing ecosystem in China and we don’thave plans for setting up a manufacturing base in India, he said.

One focus area is the 3D printer, which offers HP greatopportunity. 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 understandit,” he said.

HP is also pushing gaming in a big way. However, this hasnot led to any thinking for manufacturing mobile phones in India, despite thehigh number of gamers in the country spurred by affordable android phones andcheap data.

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

Leave a Reply

Your email address will not be published. Required fields are marked *

sixteen + 14 =