Made-in-India Motherboard underscores dedication to the ‘Atmanirbhar Bharat’ imaginative and prescient
Puducherry, November 24, 2023: Lenovo, the worldwide know-how powerhouse, at present introduced the launch of PMA-compliant (GoI’s Preferential Market Entry Coverage) PCs with it’s made-in-India motherboard. This marks a big milestone in strengthening and increasing Lenovo’s manufacturing footprint in India. Lenovo now qualifies for the Class 1 PMA bracket, with over 50% of parts being fulfilled via native manufacturing for choose vary of merchandise. This announcement comes shut on the heels of the disclosing of Lenovo’s Shared Assist Middle in Bengaluru in August this 12 months with a deliberate funding to advance native R&D and job creation in India.
With the current announcement of approval to 27 corporations underneath the PLI2.0 for IT {Hardware} Scheme, Lenovo has the extra impetus to extend PC manufacturing functionality and, thereby contributing to India’s Make in India initiative underneath the PLI 2.0 (Manufacturing Linked Incentive) scheme1.
Congratulating the Lenovo India workforce, Mr Ashish Madhaorao Extra, IAS (AGMU :2005), Commissioner cum Secretary to Authorities, Finance/Industries & Commerce/Training/Port, Authorities of Puducherry stated, “The Authorities of India has been fueling native manufacturing via profitable incentives just like the PLI scheme and attracting international investments. Lenovo’s efforts to increase its domestically manufactured merchandise in India are a testomony to the progress we’re making in that route. We stay up for Lenovo’s continued help in positioning India because the front-runner as a world manufacturing hub for electronics.”
Saurabh Agrawal, Chief Working Officer, Lenovo India stated, “In the present day marks a big stride in our focus in direction of contributing to India’s ongoing mission to turn out to be self-reliant and a world manufacturing hub. The introduction of the PMA-compliant PC reinforces our efforts to ‘Make in India’ and be a companion within the Authorities’s endeavor to foster and promote technological excellence within the nation.”
India is a crucial participant in Lenovo’s international manufacturing and provide chain technique. Lenovo has ranked #1 within the Gartner® Asia/Pacific Provide Chain High 10 and ranks #8 within the Gartner® Provide Chain High 25 of world corporations with provide chains for 2023. Presently, the corporate serves clients in 180 markets from 30+ manufacturing websites around the globe – together with Argentina, Brazil, Hungary, India, Japan, Mexico, and the USA. All Lenovo international manufacturing places together with India are ISO 9001 (High quality), ISO 14001 (Environmental) and ISO 45001 (Occupational Well being and Security) (OHS) licensed.
About Lenovo
Lenovo is a US$62 billion income international know-how powerhouse, ranked #217 within the Fortune International 500, using 77,000 individuals around the globe, and serving tens of millions of consumers daily in 180 markets. Centered on a daring imaginative and prescient to ship Smarter Expertise for All, Lenovo has constructed on its success because the world’s largest PC firm by additional increasing into development areas that gasoline the development of ‘New IT’ applied sciences (consumer, edge, cloud, community, and intelligence) together with server, storage, cell, software program, options, and companies. This transformation along with Lenovo’s world-changing innovation is constructing a extra inclusive, reliable, and smarter future for everybody, all over the place. Lenovo is listed on the Hong Kong inventory alternate underneath Lenovo Group Restricted (HKSE: 992)(ADR: LNVGY). To search out out extra go to https://www.lenovo.com, and skim in regards to the newest information by way of our StoryHub.
1 https://pib.gov.in/PressReleasePage.aspx?PRID=1977846
2 Current Lenovo announcement on manufacturing in India
