HP, the Technology giant, this week rolled out in India its 3D printing solution, at cost beginning with a price tag of Rs 2.5 Crore. This launch comes so as to tap into segments such as education, manufacturing, and defense. 3D printing points to making of a 3-dimensional entity in which coats of substances are created with computers managing the procedure.
3D Printing Solution Multi Jet Fusion of HP will be accessible in India mainly via the specialized partners of the company. It has inked up Adroitec and Imaginarium as the first vendors of its 3D printers for the country. “Industry 4.0 is being affected by a series of technologies such as Cloud, Internet of Things, and much more. The roll out of our 3D devices in India arrives at a time when the management is forcing production in India and we witness a lot of chance for our devices,” Sumeer Chandra, Managing Director of HP India, claimed to the media in an interview.
He claimed that the item might be targeted at sections such as defense, manufacturing, education, healthcare, and service bureaus as well as product labs that offer printing as a facility. The price label of Rs 2.50 Crore comprises the 3D printer, post and pre processing unit, and initial goods. It also comprises service and maintenance contract of 3 Years.
Chandra clarified that employing 3D printing and producing prototypes is quicker and competitively priced with present alternatives. He claimed that these 3D devices also permit for better customization. As per industry reports, the global market for 3D printing is anticipated to be valued more than USD 32 Billion by the end of 2023, developing at a CAGR of more than 25% from 2017 to 2023. This data was also backed by industry analysts and experts when asked by the media.