Hewlett Packard Enterprise (HPE) has partnered with Indian manufacturer VVDN Technologies to begin manufacturing some of its high volume servers in India, the American multinational information technology company said on June 3.This announcement comes in the wake of the recent Prime Minister Narendra Modi’s State visit to the US.
The Texas-headquartered company plans to manufacture approximately USD 1 billion worth of high-runner servers in the first five years of production from India, it said in a release.
“We welcome HPE’s decision to start their manufacturing line in India, as it will enhance domestic production capacities,” said Railway 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,” Vaishnav added.