Lenovo expects 25-30 per cent growth this fiscal, to begin manufacturing tablets in India
PTI
New Delhi |
Updated on
January 03, 2021
Rahul Agarwal, CEO & MD, Lenovo India×
PC maker Lenovo expects to grow by 25-30 per cent in the current financial year due to increase in demand from education segment and large enterprises, a top company official said. However, the growth may decline in the next financial year, Lenovo India CEO and Managing Director Rahul Agarwal told
PTI, adding that the company has always grown in double digits and will continue to maintain the trend.
Lenovo is also planning to start manufacturing tablets in India and expand laptop manufacturing by about 10 times. “It has been a roller coaster ride this year, but we will grow by 25-30 per cent for the full financial year if we remove the ELCOT deal. The ELCOT deal was 1.5 million PCs which has not happened this year,” Agarwal said.