How Hewlett Packard Enterprise Is Helping India To Drive Innovation and Growth
Hewlett Packard Enterprise (NYSE: HPE) recently announced its plan to invest $ 500 million in India over the next five years. This strategic investment underscores HPEs long-term commitment to India. Hewlett Packard Enterprise is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly from edge to cloud.
Speaking on the development, Ravi Shankar Prasad, Union Minister for Law & Justice, Communication and Electronics & Information Technology, commented, "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. This shows the rising confidence of global investors in India's rapidly growing electronics manufacturing sector and the success of Digital India."
This investment will enable the company to grow its operations, manufacturing and employee base in the country. Apart from this, investment will increase a companys R&D and services exports. Further, its investment in technology initiatives will help to drive positive change for local Indian communities.
The Modi 2.0 administrations 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.
Adding further, he said, 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 HPEs global business, as well as benefit our customers, partners, employees and the citizens of India.
HPE to increase its workforce in India by 20%
To support Indias continued growth as a strategic market for HPEs 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.
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 Som Satsangi, MD, HPE India.
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.
Manufacturing Arubas Portfolio of Mobility and IoT Solutions in
HPE also plans to commence manufacturing in India. The company is scheduled to start manufacturing Arubas portfolio of mobility and IoT solutions in India before the end of 2019. Data and connectivity are catalysts for growth in India, and Arubas 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.
Drive Positive Societal Change through Investments in Innovation
The HPE investment also includes innovations in support of the Indian governments initiatives to apply technology to drive positive societal change in critical areas.
- eEducation: HPE has collaborated with NASSCOM Foundation to establish fully equipped digital classrooms under National Digital Literacy Mission (NDLM). These digital classrooms are an innovative, practical and cost-effective solution to deliver skills training to citizens seeking digital literacy education.
- Center of Excellence: Additionally, HPE along with Agastya International Foundation will set-up a Center of Excellence in Kuppam, Andhra Pradesh, focused on skilling students in IoT-based agriculture. The facility features advanced IT solutions that are at the leading edge of the agricultural sectors innovation toward higher food production from finite land resources.
- eHealth: Addressing the need for affordable healthcare in emerging cities, the HPE eHealth Center (eHC) initiative helps improve access and effectiveness of primary healthcare in underserved areas. Across India, more than 130 eHCs and 150 mobile eHCs are operational, and 15 new centers will be established across six states. The eHCs have already facilitated over 800,000 patient visits. In support of the governments target of making India TB-free by 2025, HPE announced it has signed the USAID TB pledge to provide free diagnostic services to more than 50,000 people through its eHC network.
Drive Digital Transformation
Finally, the HPE investment will help enterprises in India redefine experiences, drive intelligent operations and extract value from their data.
Now time will only tell, how much this investment will help India to grow?