Technology major HP on Friday said it would introduce its range of 3D printers in the Indian market in the first quarter of 2018.
“We will launch, sell and service 3D printers in India. It will mainly be focused on the commercial segment,” HP India MD Sumeer Chandra said, adding the firm expected demand to come from sectors such as automobile and healthcare initially.
$5 billion market
HP sells 3D printers in Japan and China in Asia. Mr. Chandra said the 3D printing market is estimated to be about $5 billion globally.
“Our 3D printer range will be available pan-India,” he said, adding that the firm would also leverage global partnerships with the likes of BMW and Johnson & Johnson in the country.
The tech firm recently said it aimed to sell 3D printers that produce metal objects. Currently, plastic is the raw material used. The printers would be imported. Globally, the devices are priced upwards of $1,00,000.
