South Asian Business news and information

Hewlett Packard (HP) has a strong presence in India in the computer sector. It has been present in India since 1988. Now, around 25,000 workers in India work for HP. Indian economy is growing and the size of IT market is growing fast too. So, the prospect looks only brighter for HP. HP officials are eager to make the best of the Indian market and they are contemplating on some expansions here.

India Times reported:

Mr Mott said India has been historically its fastest-growing market and there are signs of the current momentum continuing. HP India already has outsourcing agreements with the likes of Bank of Baroda (BoB) and Bank of India.

HP's CIO said that the company is also investing further in India to support its global operations. This include services, the consulting integration business, technology and software. HP has said that it would be looking at increasing its focus in the markets outside the US - especially in the high-growth developing countries. Mr Mott said these countries have a lot of companies that are growing rapidly as well as adopting information technology fast. Lot of these companies are investing in new IT infrastructure which is cost effective and as well as scaleable.

HP officials should keep in mind that all the IT giants are actively present now in the Indian market. They have to remain competitive and innovative if HP wants to continue to shine in India. One area that HP bosses should give importance is the laptops. India may see some explosive growth in the sale of laptops in the next few years.