March 7, 2021

Tech main HP begins manufacturing operations at Flex’s Sriperumbudur facility



New Delhi: Tech main HP on Wednesday mentioned it has began manufacturing operations at contract electronics producer Flex’s facility at Sriperumbudur close to Chennai, Tamil Nadu. HP, which already has its personal manufacturing plant in Pantnagar district of Uttarakhand since 2006, mentioned the newest growth is part of the corporate’s “long-term dedication to the Indian market”.

HP, nonetheless, didn’t disclose particulars about funding and capability below the contract manufacturing association with Flex.

“The plant will manufacture desktops and workstations that allow HP to fulfill present and future buyer wants, whereas driving higher operational effectivity. Its geographical location offers it entry to a close-by port and HP’s spare elements facility in Bengaluru,” an organization assertion mentioned.

This, in flip, permits the corporate to acquire supplies from different elements of India and from Asia extra shortly and effectively, it added.

“With the inauguration of this new facility, we intention to strengthen our dedication to India and assist the expansion of the native manufacturing ecosystem,” HP India Market Managing Director Ketan Patel mentioned.

HP was ranked primary with 28.2 per cent share of the normal PC market (that features desktops, notebooks, and workstations) in India within the March 2020 quarter, in response to analysis agency IDC.

Throughout the quarter, the overall cargo declined by 16.7 per cent year-over-year with a complete of 1.eight million models.

“We’re delighted to associate with HP to fabricate desktops and workstations in India and are dedicated to serving to HP meet the present and future wants of its clients. We look ahead to bringing our superior manufacturing capabilities together with our provide chain experience to this engagement,” Flex Senior Vice President, India Operations Richard Hopkins mentioned.