The Hindu : Business : Lenovo’s Himachal unit by third quarter

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Friday, Jul 27, 2007
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Business

Lenovo’s Himachal unit by third quarter

To produce two million units of desktops and notebooks

To set up unit
in Mexico
Opens marketing hub in Bangalore

NEW DELHI: Lenovo has announced the setting up of a second manufacturing plant in India in Himachal Pradesh at a cost of $11 million. The new plant will have a capacity of two million units of desktops and notebooks a year.

The plant, which is expected to be operational in the third quarter of the current year, will enable Lenovo to optimise its supply chain, improve competitiveness and direct management control in the Indian market.

“The Indian market holds strategic importance to us and the new plant at Baddi in Himachal Pradesh will help us cater to the entire domestic market and improve cost as well as customer experience,” Lenovo Global Manufacturing Vice-President, Jeff Gallinat, told reporters here on Thursday. He said the plant would be built in four acres. It would create 350 jobs.

The new plant would undertake manufacturing, product configuration, value-added distribution and customer services, logistics and customer support and distribution of after-market and visual products.

The company has a plant in Puducherry which provides employment to 280 people. Its capacity is one million units annually.

Lenovo opened an innovation centre in Mumbai last year and also announced a worldwide marketing hub in Bangalore in July this year.

Lenovo also announced the setting up of a $20 million plant in Mexico with a capacity of five million units a year which is likely to go on stream in the second or third quarter of 2008.

“We are also actively scouting for locations in Central and Eastern Europe and anticipate shortly announcing a similar type of installation,” Mr. Jeff said. — PTI

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