Two years after unveiling it own branded 3D Printers, technology giant HP today finally launched its 3D printing solution in India too. The prices are starting from Rs 2.5 crore, to tap into sectors like manufacturing, education and defence.
3D printing refers to creation of a 3-dimensional object in which layers of materials are formed with computers controlling the process.
HP’s Multi Jet Fusion 3D Printing Solution will be available in India primarily through the company’s specialised partners. It has signed up Imaginarium and Adroitec as the first resellers of its 3D printers for India.
Currently, the printers use plastic as raw material. However, HP has announced its intent to use metal and colours for the 3D printers in future.
“Industry 4.0 is being impacted by a range of technologies — Internet of Things, Cloud etc. The launch of our 3D printers in India comes at a time when the government is pushing manufacturing in India and we see a lot of potential for our printers,” HP India Managing Director Sumeer Chandra told PTI.
He added that the product would be aimed at sectors like manufacturing, defence, healthcare, education and product labs as well as service bureaus that provide printing as a service.
The price tag of Rs 2.50 crore includes pre and post processing unit, the 3D printer and initial consumables. It also includes 3-year maintenance and service contract.
Chandra explained that using 3D printing, making prototypes is faster and competitively priced with current options.
He added that these 3D printers also allow for better customisation.
According to industry reports, the global 3D printing market is expected to be worth over USD 32 billion by 2023, growing at a CAGR of more than 25% between 2017 and 2023.
The reports attribute the growth to factors like ease of development of customised products, ability to reduce overall manufacturing costs, and government investments in the 3D printing projects for the development and deployment of the technology.
As per a 6Wresearch, the Indian 3D printer market is expected to cross USD 79 million by 2021, with automotive applications accounting for the biggest chunk of business.
It has been a long time that HP, maker of World’s biggest printer, has been teasing the tech enthusiasts with its 3D printer plans for quite sometime. Recently, during a 3D printing conference held in the New York City, the company had demonstrated how a plastic chain it had printed on its prototype 3D printing machine was strong enough to lift a car.
Currently, HP is also in midst of testing printing machines that can also print integrated circuits. It has actually done the same chain test, but this time with embedded circuits printed in that clearly showed the strain and stress that the chain was suffering.
In 2016, we profiled a Mumbai based startup called MaherSoft that builds Industrial and consumer grade 3D Printers in India available at cost of about Rs.75,000, which is far cheaper than 3D Printers by HP.
More such startups are in India that build and offer 3D Printers for prototyping purpose available for much affordable rates such as Pramaan and Brahma3. These printers are however not for commercial or large scale industrial purpose like ones by HP and Mahersoft.