India is 'shining star' in PC mkt: HP CEO

China Remains More Mfg Friendly, Govt Needs To Do More In Areas Like Taxation, Says Lores

- Pankaj Doval

Enrique Lores is easily one of the longest-serving officials with HP, the world’s top computer and printer giant, where he has spent over 30 years in various roles. Now the global CEO of the $63.5-billion US tech manufacturer, Lores believes that time has come for India to play a leading role in driving global demand. This comes at a time when the global market for computers may go down this year due to inflation, war, increase in energy prices, and political instability.

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 China-plus-one strategy. Excerpts:

How do you see the Indian market in the long-term?