Lenovo to grow business from $ 2.5 billion to $ 6 billion, products will be made in India

20-Nov-2015 :

India is currently 10 million PCs market and will be 50 million PCs market in 10 years, China with similar population has 60 million PCs and US with a much lower population has 70 million PC market Yang Yuanqing.

Lenovo makes PCs in Pondicherry in India and will setup factory in Chennai to make smartphones. In future, all products sold in India will be made in India, and if possible, exported to other markets as well. In India labour costs are comparable with China he says.