Hewlett-Packard on Wednesday launched for business in India its latest range of Officejet Pro X 500 series printers that are recognised as world's fastest desktop printer by Guinness Book of Records.

"HP's Officejet Pro X 500 series is recognised as the world's fastest desktop printer by Guinness World Records. It is powered by HP PageWide Technology and can deliver professional documents at up to 70 pages per minute,” HP Printing Systems PPS Director Nitin Hiranandani told reporters here.

The series includes four devices and HP claims that they deliver high-quality documents at up to twice the speed and half the cost of colour lasers.

These devices are targeted at work-teams with up to 15 users printing up to approximately 4200 pages a month. Users can also print from virtually anywhere with the latest mobile printing technologies such as HP ePrint.

The HP Officejet Pro X Series is priced in the range of Rs 31,499-50,499.

The company also introduced its Officejet Pro Black & White series on Wednesday, priced in the range of Rs 7,999-11,999.

In 2012 HP sold about 3 million printers in India, which included 1.2 million inkjet printers and 1.8 million laser printers. The company controls more than half of the market for both the printers in India, Hiranandani said.