Lenovo to double R&D in India in three years
By MYBRANDBOOK
Lenovo is doubling its R&D investments over the next three years to ensure the devices manufacturer rolls out products that adapt to the requirements of the New Normal, where cloud-enabled digital services and solutions are being delivered over electronic devices.
Reportedly, the company shipped out 6 million devices last year, most of which were manufactured locally at its own plant and those rolled out of factories run with partnership firms. Last year, Lenovo was expanding its manufacturing to include a third line to its Puducherry plant and began local manufacturing of its tablets in partnership with Wingtech in Tirupati, Andhra Pradesh.
Talking about the broader vision behind the increase in the R&D investments, Amar Babu, President of Lenovo-APAC, said in a virtual India-focused tech conference that front-end devices like phones and computers collect reams of data that can be stored in the hybrid cloud today, courtesy the skyrocketing adoption of digital services. With a plethora of tools available on the Internet, enabled by Artificial Intelligence, analyzing information real time is a necessity in today’s world.”
Shailendra Katyal, MD Lenovo India said that there was a manufacturing surge commensurate with the digital transformation in the post-pandemic world. The company has begun exporting the Motorola brand phones from its Noida, Uttar Pradesh plant to select countries.
Babu said Lenovo will strive to unlock value from the digitization drive accentuated in parallel in technological growth in Artificial Intelligence, where software is leading from the front in building efficiencies to legacy systems.
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