Lenovo to invest 11m USD in HP factory

NEW DELHI: PC major Lenovo on Thursday announced it would invest $11 million in setting up a new manufacturing unit in Baddi, Himachal Pradesh. The plant, Lenovo’s second in India, would have a capacity of two million units a year and will manufacture both desktop and notebook PCs.

Lenovo’s investment in the new plant will be spread over a period of five years. The plant will be operational in the third quarter of the current fiscal.

The Baddi plant, which will employ 350 people, will support regional customer requirements, including product assembly, distribution services and reverse logistics. It will also offer additional value-added services like product configuration, the company said.

“India is an integral part of Lenovo’s global manufacturing strategy. With our second plant in India, we expect to improve our supply chain efficiency and better serve our growing base of customers in this region,”

Lenovo vice president–global manufacturing Jeff Gallinat said. The company already has a plant in Pondicherry that has a capacity of one million units a year. It also opened an innovation centre in Mumbai last year, its third in the world after those in USA and China.