HP to build another manufacturing unit
New Delhi, October 4 :
Computer maker Hewlett-Packard Co today said it will invest about $22 million to build a second manufacturing plant in India so to meet the growing demand for computers here.
The new plant in the northern Indian town of Pantnagar will cost about one billion Indian Currency (IC) ($22 million) in investment and is expected become operational by March next year, the company said.
The new plant will assemble HP’s latest range of desktop computers, workstations, notebooks and servers and will have a capacity to assemble 300,000 units a month.
“The new manufacturing facility in Pantnagar and the existing facility in Bangalore will help HP in quickly addressing the growing demand for HP products across the country,” the statement said.
Pantnagar is about 200 km northeast of New Delhi.