HP to rollout first PLI product in May, double India output

Electronics maker HP expects to roll out its first product made under the government’s production-linked incentive (PLI) scheme next month and aims to double its production in India over the next year, a top executive said on Thursday.Amid tariff uncertainties, HP does not anticipate any impact or changes to its domestic production ramp-up roadmap, Ipsita Dasgupta, senior vice president and managing director at HP India, said.

She said the company had a plan to ramp up production in India steadily over the next five years and that plan remains…