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Lenovo Group to 'Make in India' smart wearables, eyes 20% market share

The company will push to establish a physical retail network as well, starting with major Indian cities

Reuters 

Lenovo Group Ltd is looking to make smart wearables in India and raise its share of the local market by three-fold, in a plan that will help boost Prime Minister Narendra Modi's scheme to promote the country an electronics manufacturing hub. The company is targeting to corner by this year a 20 per cent share of India's market for wearables, such as smartwatches and fitness bands, Sebastian Peng, head of accessories at Lenovo Mobile Business Group, told Reuters in an interview on Tuesday. Since the firm started selling its wearables in India last year, the company has ...

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First Published: Tue, April 24 2018. 17:19 IST
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