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Lenovo exploring another manufacturing unit in India, specifically for smartphones and tablets

IBEF:  June 26, 2015

Kolkata: Chinese electronics major Lenovo is evaluating the possibility of setting up one more manufacturing unit in India for smart phones and tablets. Lenovo already has a production plant in  Puducherry for computer manufacturing and enjoys top place in sales of laptops and smartphones in India. Given the impetus on "Make In India" by government and low penetration of smartphones in Indian markets, Lenovo is planning to aggressively boost smartphone business in the country. The company believes that 4G/LTE will be the dominant technology in the years to come and hence manufacturing 4G/LTE enabled device will be their primary focus.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.