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HP Inc increases prices in India

July 17, 2017

The OEM has been found to increase prices of Multifunction device and cartridges by up to 15 percent.

Zeenews India reported that HP Inc has increased their prices of its multifunction printers (MFPs) and cartridges in India by up to 15 percent due to higher tax levy on these items post GST, but that they have kept pricing for notebooks and desktops are still unchanged.

According to Zeenews, “HP said the maximum retail price (MRP) of MFPs has been increased by 8-10 percent, while ink cartridges will be dearer by 12-15 percent.”

The increased tax since 1 July is 28 percent compared to previously 18 percent.

 

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