Lenovo aims US$ 6-bn revenue from India in next 3 years

New Delhi: Chinese tech major Lenovo is aiming to become one of the top 20 companies in India in the next three years and has set a target of US$ 6 billion annual revenues as compared to the present revenue of US$ 2.5 billion. Lenovo has committed to invest in not just manufacturing but also research and development (R&D). The company had recently announced manufacturing of smartphones in India, which in future are planned to be exported to other markets. Lenovo also plans to move beyond just manufacturing devices but also software and provide total solutions to sectors like education and health care. Post its acquisition of Motorola Mobility from Google last year, Lenovo and Motorola together have six per cent market share in the Indian handset market.

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