On a visit to India, Lores promises new investments and stronger manufacturing in India, including looking at exports<\/a>. However, he says that the government needs to do more in areas such as taxation, subsidies, and creating a conducive environment for attracting stronger investment flows, at a time when the world is looking at a Chinaplus-one strategy. Excerpts:
How do you see the Indian market in the long-term?<\/strong>
The Indian economy is doing well, clearly. I can say that India is a shining star from a business perspective. We see a lot of growth in the country, a lot of opportunities (and) a lot of dynamism… I think there are very few countries in the world where the adoption of digital processes and technologies is going to be faster than in India, and definitely no other country even comes close in terms of size. As much as 98% of the country is going to have 5G coverage… (and) this is going to be transformational. The need to have PCs and printers is going to drive demand for us.
Will India turn out to be the fastest-growing market?<\/strong>
On a sustained basis, for sure… if I look at the next 8-12 quarters, definitely.
![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
Would we see you <\/strong>invest here more? Currently, you import a lot.<\/strong>
India is a very large market also from our internal perspective as we have R&D here, apart from sales, support, and manufacturing… We have invested a lot and we will continue to do that in the future, especially as I see the opportunities to continue togrow the business here… some of the opportunities will require special products, and special features… clearly, the fact that digital penetration here will be higher will make us to invest, and to design the products first for India. We will be doing both — building local products and leveraging the global products.
The government wants companies to invest more in manufacturing in India. What are your plans?<\/strong>
We have a small factory today. And we understand and see the push that we get from the government to manufacture more locally. And as we will be working on what is our manufacturing footprint and look at the future, of course we will take that into consideration. To bring in meaningful manufacturing volumes, we need to bring with us all of our subsuppliers. And this is why any change takes time (and) will happen over time.
What about exports?<\/strong>
We will evaluate… from our cost and tax perspective… Exports are going to depend a lot on the tax environment andthe type of policies and subsidies that the Indian government would put in place. I think any policy that will help reduce the cost delta between manufacturing here and manufacturing outside will always be welcome. And any policies that will help us to export efficiently from a tax perspective will always be welcomed.
How do you view China<\/a>?<\/strong>
China is a large country for us from a manufacturing perspective. We make a significant part of our PCs, and printers. But we also manufacture in other parts of the world.
How do you compare China with India in terms of prospects, environment for production?<\/strong>
I think prospects of economic growth are more solid in India because of all the transformation the country is going through. China is more manufacturing friendly. In China, there is a full network of suppliers that is hard to replicate. Hard doesn’t mean impossible, but it is hard. There is a very good tax framework for exports. There is a very good logistics network — both from in-bound and out-bound perspective. It is easy to bring supplies in when necessary, it is very easy to bring products out… it is not only factories but there is everything else that needs to support factories like energy, quality of energy. Therefore, it is easier to build products (in China) than anywhere else in the world.<\/body>","next_sibling":[{"msid":95349437,"title":"Reforms in mandatory testing to have cascading effect on growth of electronics, telecom sectors: MAIT","entity_type":"ARTICLE","link":"\/news\/reforms-in-mandatory-testing-to-have-cascading-effect-on-growth-of-electronics-telecom-sectors-mait\/95349437","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"95344513","title":"HP (2)","entity_type":"IMAGES","seopath":"business\/india-business\/india-is-shining-star-in-pc-mkt-hp-ceo\/hp-2","category_name":"India is \u2018shining star\u2019 in PC mkt: HP CEO","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-14954\/95344513.cms?width=150&height=112","link":"\/image\/business\/india-business\/india-is-shining-star-in-pc-mkt-hp-ceo\/hp-2\/95344513"}],"msid":95349490,"entity_type":"ARTICLE","title":"India is \u2018shining star\u2019 in PC mkt: HP CEO","synopsis":"On a visit to India, Lores promises new investments and stronger manufacturing in India, including looking at exports. However, he says that the government needs to do more in areas such as taxation, subsidies, and creating a conducive environment for attracting stronger investment flows, at a time when the world is looking at a Chinaplus-one strategy. ","titleseo":"telecomnews\/india-is-shining-star-in-pc-mkt-hp-ceo","status":"ACTIVE","authors":[{"author_name":"Pankaj Doval","author_link":"\/author\/19994\/pankaj-doval","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19994.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":true,"msid":19994,"author_name":"Pankaj Doval","author_seo_name":"Pankaj-Doval","designation":"Assistant Editor","agency":false}}],"analytics":{"comments":0,"views":119,"shares":0,"engagementtimems":595000},"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2022-11-07 11:29:07","lastupd":"2022-11-07 11:29:51","breadcrumbTags":["HP","india","china","enrique lores","lores","exports","Devices","HP Inc"],"secinfo":{"seolocation":"telecomnews\/india-is-shining-star-in-pc-mkt-hp-ceo"}}" data-authors="[" pankaj doval"]" data-category-name="" data-category_id="" data-date="2022-11-07" data-index="article_1">
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印度是“闪耀的明星”PC mkt:惠普CEO
在访问印度,传说承诺新的投资和更强的制造业在印度,包括寻找出口。然而,他说,政府需要做更多的领域,比如税收、补贴,创造一个有利的环境,吸引更强的投资流动,在世界是看Chinaplus-one策略。
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恩里克传说很容易任职时间最长的一个官员惠普,世界顶级的计算机和打印机巨人,他花了超过30年的各种角色。现在的全球CEO 63美元。50亿年美国技术制造商,传说认为时代已经来临印度在推动全球需求方面发挥主导作用。这使全球电脑市场可能下降,今年由于通货膨胀、战争、提高能源价格,和政治的不稳定。
在访问印度,传说承诺新的投资和更强的制造业在印度,包括看出口。然而,他说,政府需要做更多的领域,比如税收、补贴,创造一个有利的环境,吸引更强的投资流动,在世界是看Chinaplus-one策略。摘录:
你如何看待长期的印度市场吗?
印度的经济状况良好时,清楚。我可以说,印度从业务的角度是一颗闪亮的星。我们看到很多国家的增长,很多机会,很多活力…我认为世界上很少有国家在数字流程和技术的采用是速度比在印度,甚至绝对没有其他国家的规模。高达98%的国家有5 g覆盖…(和)这将是转型。需要电脑和打印机,会使我们的需求。
印度是增长最快的市场吗?
在持续的基础上,确定…如果我看下一个8 - 12,绝对。
我们会看到你 投资更多的吗?目前,大量进口。
印度是一个非常大的市场也从内部的角度研发这里,除了销售,支持,和制造…我们已经投入了很多,在未来我们将继续这样做,尤其是当我看到机会继续增长的业务这里…一些机会需要特殊的产品,和特殊功能…很明显,这里的事实,数字渗透高会使我们投资,并为印度设计产品第一。我们将做建筑当地产品和利用全球的产品。
政府希望在印度公司更多地投资于制造业。你的计划是什么?
今天我们有一个小工厂。我们了解和看到推,我们从当地政府制造更多。我们将致力于我们的制造业的足迹,看看是什么未来,我们当然会考虑的。引入有意义的生产数量,我们需要把我们所有的下级供方。这就是为什么任何改变需要时间,随着时间的推移会发生。
出口呢?
我们将从我们的成本和税收角度评估……要很多依赖出口的税收环境和印度政府的政策和补贴类型会到位。我认为任何政策,这将有助于降低成本之间的三角洲制造业和制造业外永远是受欢迎的。和出口的政策将帮助我们有效地从税收的角度总是会受到欢迎。
你怎么看待中国吗?
中国是一个幅员辽阔的国家从生产的角度来看。我们使我们的电脑的重要组成部分,打印机。但我们也生产在世界的其他地方。
你怎么比较中国与印度的前景,生产环境吗?
我认为印度经济增长前景更坚实,因为该国正在经历转型。中国是制造业更加友好。在中国,有一个完整的网络供应商很难复制。困难并不意味着不可能,但它是很难的。有一个很好的出口税收框架。有一个很好的物流网络,主动和出入境的视角。在必要的时候,很容易带来供应很容易把产品…不仅仅是工厂但是有其他需要支持工厂的能源,能源的质量。因此,它更容易构建产品(在中国)比世界上其他任何地方。
在访问印度,传说承诺新的投资和更强的制造业在印度,包括看出口。然而,他说,政府需要做更多的领域,比如税收、补贴,创造一个有利的环境,吸引更强的投资流动,在世界是看Chinaplus-one策略。摘录:
你如何看待长期的印度市场吗?
印度的经济状况良好时,清楚。我可以说,印度从业务的角度是一颗闪亮的星。我们看到很多国家的增长,很多机会,很多活力…我认为世界上很少有国家在数字流程和技术的采用是速度比在印度,甚至绝对没有其他国家的规模。高达98%的国家有5 g覆盖…(和)这将是转型。需要电脑和打印机,会使我们的需求。
印度是增长最快的市场吗?
在持续的基础上,确定…如果我看下一个8 - 12,绝对。
我们会看到你 投资更多的吗?目前,大量进口。
印度是一个非常大的市场也从内部的角度研发这里,除了销售,支持,和制造…我们已经投入了很多,在未来我们将继续这样做,尤其是当我看到机会继续增长的业务这里…一些机会需要特殊的产品,和特殊功能…很明显,这里的事实,数字渗透高会使我们投资,并为印度设计产品第一。我们将做建筑当地产品和利用全球的产品。
政府希望在印度公司更多地投资于制造业。你的计划是什么?
今天我们有一个小工厂。我们了解和看到推,我们从当地政府制造更多。我们将致力于我们的制造业的足迹,看看是什么未来,我们当然会考虑的。引入有意义的生产数量,我们需要把我们所有的下级供方。这就是为什么任何改变需要时间,随着时间的推移会发生。
出口呢?
我们将从我们的成本和税收角度评估……要很多依赖出口的税收环境和印度政府的政策和补贴类型会到位。我认为任何政策,这将有助于降低成本之间的三角洲制造业和制造业外永远是受欢迎的。和出口的政策将帮助我们有效地从税收的角度总是会受到欢迎。
你怎么看待中国吗?
中国是一个幅员辽阔的国家从生产的角度来看。我们使我们的电脑的重要组成部分,打印机。但我们也生产在世界的其他地方。
你怎么比较中国与印度的前景,生产环境吗?
我认为印度经济增长前景更坚实,因为该国正在经历转型。中国是制造业更加友好。在中国,有一个完整的网络供应商很难复制。困难并不意味着不可能,但它是很难的。有一个很好的出口税收框架。有一个很好的物流网络,主动和出入境的视角。在必要的时候,很容易带来供应很容易把产品…不仅仅是工厂但是有其他需要支持工厂的能源,能源的质量。因此,它更容易构建产品(在中国)比世界上其他任何地方。
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