
HPE partners with VVDN to make servers worth $1 billion
Live MintNew Delhi: Hewlett Packard Enterprise has partnered with original design equipment maker VVDN to begin manufacturing high-volume servers in India under the revised production linked incentive or PLI scheme. “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 chief executive officer, HPE. With a rapidly growing electronic manufacturing ecosystem in India, the manufacturing operation will support the growing demand from customers in India and further strengthen and diversify HPE’s global supply chain. Ashwini Vaishnaw, minister for railways, communications, electronics and information technology said, “We welcome HPE’s decision to start their manufacturing line in India, as it will enhance domestic production capacities.” The recently announced PLI Scheme 2.0 aims to make India a global hub for electronics system design and manufacturing. “The decision to start manufacturing from India underscores HPE’s long-term commitment to India,” said Som Satsangi SVP and managing director, at HPE India.
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