Lenovo has announced setting up of a second manufacturing plant in the country in Himachal Pradesh at a cost of 11 million dollars.
NEW DELHI: Lenovo has announced setting up of a second manufacturing plant in the country in Himachal Pradesh at a cost of 11 million dollars.
The new plant wilpacity of two million units of desktops and notebooks in an year.
The plant, which is expected to be operational in third quarter of the current year, would enable Lenovo to optimize its supply chain, improve competitiveness and direct management control in the Indi
"Indian market holds strategic importance to us and the new plant at Baddi in Himachal Pradesh would help us cater to entire domestic market and improve cost as well as customer experience," Lenovo Global Manufacturing Vice President Jeff Gallinat told.
He said the plant was in four acres of land. It would create 350 jobs.
The new plat would undertake manufacturing, product configuration, value added distribution and customers services, logistics and customer support and distribution of after market and visual products.
The company has a plant in Pondicherry which provides employment to 280 people. Its capacity is one million units per year.
Lenovo had opened an innovation centre in Mumbai last year and announced a worldwide marketing hub in Bangalore in July this year.
According to the Manufacturer's Association for Information Technology (MAIT), the personal computer sales in India grew by 26 per cent to cross the 6.3 million units mark in 2006-07 and projected to touch 8 million units in 2008.
Lenovo also announcup of a 20 million- dollar plant in Mexico with a capacity of five million units per year which is likely to go onstream in second or third quar "We are also actively scouting locations in Central and Eastern Europe and anticipate shortly announcing a similar type of installation," Jeff said.
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