HP to seed tech in Indian
universities
The Financial
Express
INDRANIL CHAKRABORTY
26 November, 2005
Hewlett Packard (HP) India is developing
technology for local users with a global marketing reach.
It is planning to achieve this through its Bangalore-based
industrial lab, using the innovative strength of the Indian
academic community.
HP Labs India has decided to look at new
opportunities with Indian universities and research institutes.
HP’s plan is simple: tie up with the best
Indian universities in specific areas of strategic research
which would feed the company’s industrial research lab.
This would lead to the development of products for end-customers.
The ‘Made in India’ product would serve both Indian and
global markets.
HP spends 4% of its revenue on research
and the budget for India has gone up, according to Ajay
Gupta, director of HP Labs India.
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