Lenovo, Chinese electronic goods makes giant, announced that it considers India as a potential hub for manufacturing laptops.
“We are already manufacturing desktops, has the capacity and flexibility to manufacture laptops at it Pondicherry plant. The company will have to take a call when to do it,” stated Dinesh Nair, director-consumer business of Lenovo India.
He also said that Lenovo, which already started manufacturing at its Chennai plant, is committed to the ‘Make in India’ initiative, which is evident from the visit of the company’s CEO and Chairman Yang Yuanqing in 2015 for a meeting with the Prime Minister Narendra Modi.
Lenovo, the third largest vendor of PCs in India in terms of market share, has revamped its entire range of portfolio targeting the youth and the business segments while keeping the price at competitive levels.
Nair also made statement and said that manufacturing laptops in India would give them more flexibility as earlier at least two months were needed to ship products from China.
Currently, the entire ranges of Lenovo laptops are being shipped from China.
In terms of revenue contribution, the laptops segment is contributing to 85% to 88% of overall PC sales, the rest being desktops, Nair said.
On market growth of Lenovo PCs, he said that it remained flat in the last quarter.
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From Sameeksha Bhardwaj, ITvoir News Desk