Gurugram, Feb 29 (TIWN) For HP Inc, Asia-Pacific was the fastest growing market in its first quarter of fiscal 2020 and India is the bright spot owing to its rising millennial and aspirational young population, a top company executive has stressed.

HP Inc reported net revenue of $14.6 billion in the first quarter of fiscal 2020 (November-January period) and free cash flow at $1.1 billion.  "Asia-Pacific at roughly 23 per cent of our global business in Q1 was the fastest growing market and India led the pack, riding on its growing young population which aims to make a true work-life balance via digital technology and next-gen devices," Vinay Awasthi, Managing Director, HP Inc., India, Bangladesh and Sri Lanka, told IANS.  Effective from November 1, 2019, HP announced a shift from its previous three-region model to 10 geographic markets to foster speed, flexibility and business efficiency.