Info-tech

HP to start selling 3D printers in India, says MD Sumeer Chandra

K.R.Srivats New Delhi | Updated on January 09, 2018 Published on December 08, 2017

HP Inc India will bring its range of 3D printers to the Indian market in the first quarter in 2018, its Managing Director Sumeer Chandra has said. "We will launch, sell and service 3D printers in India. Initially it will be focused on the commercial segment and not the retail segment," Chandra said here on Friday.

HP Inc's 3D printers are not manufactured in India, but are expected to find use in sectors such as automobile and healthcare in India, Chandra said. "Our 3D printers range will be available pan-India," he said. Already, HP Inc is selling its 3D printers in other Asian markets including Japan and China. Globally, the 3D printing market is estimated at about $5 billion.

Chandra said HP Inc India has no immediate business goals for its 3D printers in India but expects them to augment the Indian unit's revenues.

MANUFACTURING IN INDIA

With the Government's push for Digital India, HP Inc India is now looking to review and scale up its manufacturing footprint in India. "We are looking to increase the level of manufacturing that we do in India," Chandra said. Currently, HP Inc India has a manufacturing facility at Pantnagar, where desktops are manufactured.

Srivats.kr@thehindu.co.in

Published on December 08, 2017

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