These PCs feature Lenovo's Madein-India motherboards, marking a strategic move to strengthen and expand the company's manufacturing presence within the country. Saurabh Agrawal, Chief Operating Officer of Lenovo India, emphasized the importance of this development during an interaction with journalists at the company's factory in Puducherry.
Agrawal explained that with the incorporation of Made-in-India motherboards, Lenovo now qualifies for the Class 1 PMA bracket. This classification is achieved when over 50 percent of the components for a select range of products are fulfilled through local manufacturing. This move aligns with the Indian government's push for self-reliance and localization in the manufacturing sector.
This story is from the November 27, 2023 edition of The Business Guardian.
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This story is from the November 27, 2023 edition of The Business Guardian.
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