Business Daily from THE HINDU group of publications Friday, Jul 27, 2007 ePaper |
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Info-Tech
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Hardware Corporate - New Projects Lenovo plans $11-million plant in Himachal
Mr Neeraj Sharma, MD, Lenovo South Asia, flanked by Mr Jeff Gallinat (left), Vice-President, Global Manufacturing, Lenovo, and Mr Manoj Chhura, Executive Director, Global Supply Chain, Asia Pacific, Lenovo, at a press conference in New Delhi on Thursday. —
Our Bureau New Delhi, July 26 Computer maker Lenovo Group Ltd plans to set up its second manufacturing plant in the country in Himachal Pradesh with an investment of $11 million. The proposed plant will have a capacity of two million desktops and notebooks per annum. The plant is expected to start production in third quarter of the current year and would enable the company to optimise its supply chain, improve competitiveness. Announcing the plans the company’s Vice-President, Global Manufacturing, Mr Jeff Gallinat said, “The Indian market is of strategic importance to us and the new plant at Baddi in Himachal Pradesh would help us cater to entire domestic market and improve cost as well as customer experience.” The new plant would undertake manufacturing, product configuration, value-added distribution and customers services, logistics and customer support and distribution of after market and visual products, he said. The company’s existing plant in Pondicherry, with an annual capacity of one million units, employs 280 people. The new plant would employ around 350 people, he said. Lenovo also announced setting up of a $20-million plant in Mexico with a capacity of five million units per year which is likely to go on stream in second or thrid quarter of 2008. “We are also actively scouting locations in Central and Eastern Europe and anticipate shortly announcing a similar type of installation,” Mr Jeff said.
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