Lenovo to focus on domestic consumer market

Image
BS Reporter Chennai/ Bangalore
Last Updated : Jun 14 2013 | 6:38 PM IST
With the demand for personal computing machines like laptops and notebooks increasing in the country, Lenovo plans to focus on the domestic consumer market in the present year.
 
As part of the plan, Lenovo plans to tie up with all leading electronic retail chains across the country to sell laptops and notebooks off the shelf.
 
"We now have enhanced presence in large format stores like Staples, eZone, Croma and Next. The aim is to target more number of consumers in the domestic market. We already have a strong presence in the enterprise market," said Lenovo India MD Amar Babu.
 
He said the company had tripled its exclusive stores since April 2006.
 
"In the multi-brand outlets (MBOs), we grew almost seven times in the last two years. Lenovo products are now available in 1000+ stores across the country," he added.
 
Lenovo has set up service centres in 15 cities. It plans to increase the number of service centres in metropolitan cities.
 
According to IDC, Lenovo occupies the third position as PC maker in the country "" from 6.3 per cent in first quarter of 2005 to 10.7 per cent in the fourth quarter of 2007. "We have confidently and successfully moved away from IBM's shadow. We will continue to work on the brand," Babu stated.
 
He pointed out that the company was committed to expanding its presence in the country to support its worldwide activities. In 2006, the company opened an innovation centre in Mumbai. In June 2007, it set up the company's global marketing hub in Bangalore.
 
In the same year, Lenovo also announced its second manufacturing plant at Baddi in Himachal Pradesh (2 million units per year). Its first unit in Pondicherry produces 1 million units per year.

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 28 2008 | 12:00 AM IST

Next Story