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On Thu, 6 Mar, 4:02 PM UTC
2 Sources
[1]
Lenovo India surpasses $2 billion revenue, expands AI and manufacturing focus
"We're really going to use India as a hub to develop next-generation artificial intelligence, GPU-based servers. So think of hardware, software, firmware, testing, validation, all the things that are required to build a successful, future-proofed, and advanced product line. A lot of that expertise and design work will take place right here in India," Zielinski said.
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Lenovo Unveils Hybrid AI Strategy at Tech World India 2025
Talking at Tech World India, Shailendra Katyal, Managing Director, Lenovo India said, "We have been at the forefront of the AI revolution India is witnessing today, with the first-in-industry AI devices and solutions launched in the market. Lenovo's AI vision in India is reflected in its 71% year-on-year revenue growth in the first three quarters of FY 2024-25. With Made in India devices touching a new high of INR 18 thousand crores through CY2024, we are bullish about our continued momentum in the market and are excited about collaborating with our partners and customers to unleash the true power of what AI can do. As Lenovo completes 20 years of presence in India, we have renewed our commitment to deliver powerful, flexible, and responsible AI solutions that empower individuals and drive meaningful change across communities."
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Lenovo India reports significant revenue growth, announces plans to develop next-generation AI technologies, and unveils its hybrid AI strategy at Tech World India 2025.
Lenovo India has surpassed the $2 billion revenue mark, showcasing its strong presence in the Indian market. The company's financial performance has been particularly impressive, with a 71% year-on-year revenue growth reported for the first three quarters of FY 2024-25 2. This significant growth underscores Lenovo's successful strategy and expanding market share in India.
Lenovo is positioning India as a crucial hub for its artificial intelligence (AI) initiatives. The company plans to leverage Indian expertise for developing next-generation AI and GPU-based servers. This includes comprehensive work on hardware, software, firmware, testing, and validation – all essential components for building an advanced and future-proof product line 1.
Shailendra Katyal, Managing Director of Lenovo India, emphasized the company's commitment to AI innovation, stating, "We have been at the forefront of the AI revolution India is witnessing today, with the first-in-industry AI devices and solutions launched in the market" 2.
At Tech World India 2025, Lenovo introduced its hybrid AI strategy, highlighting the company's vision for AI integration across its product portfolio. This strategy aims to deliver powerful, flexible, and responsible AI solutions that can empower individuals and drive meaningful change in communities 2.
Lenovo's commitment to the Indian market is further evidenced by its growing manufacturing presence in the country. The company reported that its 'Made in India' devices reached a new high of INR 18,000 crores through CY2024 2. This increase in local production aligns with India's push for domestic manufacturing and positions Lenovo as a significant contributor to the country's tech manufacturing sector.
As Lenovo celebrates 20 years of presence in India, the company has renewed its commitment to the market. Katyal expressed optimism about Lenovo's continued momentum and excitement about future collaborations with partners and customers to harness the full potential of AI technology 2.
Ken Wong, Executive Vice President of Lenovo, highlighted the strategic importance of India in the company's global operations, stating, "We're really going to use India as a hub to develop next-generation artificial intelligence, GPU-based servers" 1. This statement underscores India's critical role in Lenovo's global AI development strategy.
Lenovo's expanded focus on AI development and manufacturing in India is likely to have significant implications for the country's tech ecosystem. It may lead to increased job opportunities in the AI and tech manufacturing sectors, foster innovation, and potentially attract more international tech companies to invest in India's growing AI capabilities.
Reference
[2]
Lenovo, the Chinese tech giant, is strengthening its foothold in India by launching AI server manufacturing and opening a new R&D facility. The company aims to boost local production, expand its product portfolio, and contribute to India's tech ecosystem.
19 Sources
19 Sources
Lenovo reports strong Q2 FY2025 results, crediting its hybrid AI strategy for growth across PC, data center, and solutions businesses. The company plans global expansion and bets on AI-enabled devices for future growth.
5 Sources
5 Sources
Lenovo expands its AI server manufacturing capabilities in India, targeting significant exports to the Asia-Pacific region. The move aligns with India's push to become a global electronics manufacturing hub.
2 Sources
2 Sources
Lenovo showcases a range of AI solutions, services, and devices at its annual Tech World event, emphasizing its 'Smarter AI for All' vision and introducing new technologies for enterprises and individuals.
6 Sources
6 Sources
Lenovo Group reports a significant 20% increase in Q1 revenue, driven by the growing demand for AI-capable devices and a recovering PC market. The company's CEO emphasizes the future dominance of hybrid AI in the tech industry.
7 Sources
7 Sources
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