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HP Inc. has hiked the list prices of its products by three-five percent across categories in the Indian market. The increased list prices will be applicable to the new arrivals once the existing stock is sold out.
A company official said, that HP is increasing the list price of its products in India. As a standard business practice, the company regularly reviews pricing and makes adjustments accordingly, based on a variety of factors including currency movement and commodIn a move to adjust to currency movement and commodity prices globally, printing and personal computer.
The company maintains the top spot in the Indian PC market with an overall market share of 28.8 per cent.
According to a recent report by the International Data Corporation (IDC), HP grew by 18.9 per cent quarter on quarter over Q2 2016 owing to the partial execution of state-owned education projects.
With increasing LFR (Large Format Retailer) and online presence during festive and back to college season, the vendor recorded 20 per cent growth in overall consumer market in the third quarter of 2016.
The HP Z2 Mini workstation will be available from January 25 onwards at Rs 72,000 (starting price) in the country.