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»","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1565,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},503,"HPE Plans US$1 Billion Investment in Server Manufacturing","hpe-plans-us1-billion-investment-in-server-manufacturing","HPE boosts India's tech manufacturing with a US$1 billion server investment, partnering with VVDN. Supports \"Make in India\" & strengthens global supply chains.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2023\u002FHPE%20to%20make%20in%20India.jpg\" alt=\"\" width=\"245\" height=\"183\">HPE recently announced plans to begin manufacturing some of its high-volume servers in India. Som Satsangi, SVP and Managing Director, HPE India, along with Puneet Agarwal, CEO, VVDN technologies met Ashwini Vaishnaw, Minister for Railways, Communications, Electronics & Information Technology, Government of India, to share details of the initiative.\u003C\u002Fp>\r\n\u003Cp>The company plans to manufacture approximately US$1 billion worth of high runner servers in the first five years of production from India. With a rapidly growing electronic manufacturing ecosystem in India, HPE has partnered with Indian 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.\u003C\u002Fp>\r\n\u003Cp>It has its largest workforce outside the United States in India. HPE’s largest campus in the world at Mahadevapura in Bengaluru is home to many of its worldwide product development resources. More than 4,000 of the company’s most distinguished scientists, engineers, and research teams are based out of its R&D hub at this campus. HPE is an established, trusted partner to India in its digital transformation journey and is working across various central and state government departments sharing expertise and providing solutions for population-scale initiatives. In 2019, the company announced an investment of US$500 million over five years in India to grow its operations and team member base in India. Since then, the company has created 2,000 net new jobs in India and invested in multiple new campuses and offices. With 300+ HPE e-health centers across 22 states in India serving more than six million Indian citizens – and recently deployed cloud-enabled telemedicine automated teller machines for citizens on pilgrimage to four holy shrines in India – HPE continues to be a force for good.\u003C\u002Fp>\r\n\u003Cp>“We welcome HPE’s decision to start their manufacturing line in India, as it will enhance domestic production capacities,” said the Minister. “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.”\u003C\u002Fp>\r\n\u003Cp>“Today’s announcement marks a significant milestone for HPE and reiterates our commitment to the Government of India’s ‘Make in India’ initiative for a self-reliant India,” said Antonio Neri, President and CEO, HPE. “India is a strategic market for HPE’s business, talent, innovation – and now, manufacturing. Customers in India continue to 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. We are proud to build on our strong presence by establishing a manufacturing operation in this important country.”\u003C\u002Fp>\r\n\u003Cp>“The decision to start manufacturing from India underscores HPE’s long-term commitment to India,” said Som Satsangi SVP and Managing Director, HPE India. “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, from startups to SMBs to enterprise to government.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.hpe.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2023\u002FhxNQH1pzyUp4WP70lcK9.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJuly2023\u002FhxNQH1pzyUp4WP70lcK9.jpg","2023-07-05T08:02:27+05:30",0,"HPE will invest US$1 billion to manufacture high-volume servers in India over five years.\nThe company partners with VVDN Technologies for local production, supporting the \"Make in India\" initiative.\nThis move strengthens HPE's global supply chain and meets growing customer demand in India.","HPE's latest announcement marks a significant boost for India's electronics manufacturing ecosystem and global supply chains. The planned US$1 billion investment over five years in server manufacturing, in partnership with VVDN Technologies, underscores a deep commitment to the \"Make in India\" initiative. For businesses navigating international trade and sourcing, this move by a major IT hardware player highlights growing opportunities and strategic diversification within emerging markets. It also reinforces India's position as a critical hub for high-tech production and R&D. This development is crucial for anyone monitoring the future of global technology trade and B2B partnerships. #HPEIndia #MakeInIndia #SupplyChain","Big news from HPE! They're investing $1B to manufacture servers in India, partnering with VVDN Technologies. This move significantly boosts the 'Make in India' initiative and diversifies global supply chains. A major win for IT hardware production! #HPE #IndiaManufacturing","Huge news for the tech world and beyond! 🚀 HPE is investing a massive US$1 billion to start manufacturing high-volume servers right in India, partnering with local powerhouse VVDN Technologies. This isn't just about servers; it's a giant leap for the \"Make in India\" initiative, strengthening the nation's electronic manufacturing ecosystem and global supply chains. It's exciting to see major players like HPE committing to local production, supporting economic growth and technological advancement. 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