Lenovo India Revenue Surpasses $2.5B YTD, Outpaces Last Year:

Lenovo’s top executives revealed during Lenovo TechWorld India 2025 in Mumbai on March 5 that the multinational personal computer manufacturer is investing heavily in India for manufacturing, investments, tech talent and R&D for the next generation of artificial intelligence and GPU servers.

The company has already achieved a Year-To-Date (YTD) revenue of $2.5 billion in India during financial year 2025, surpassing the revenue from the previous fiscal year.

While attending the event, Matthew Zielinski, President of International Markets at Lenovo stated, "We are celebrating twenty years in India this year... Our footprint in manufacturing in India is not just building for India but establishing India as a major source for all our operations around the world. For the calendar year of 2024, the value of products and materials we built, shipped to India, and then subsequently out of India was Rs 18,000 crores, which for all of us is obscenely large figure. We possess three separate manufacturing facilities.” “We have witnessed an incredible amount of success within the Indian market recently. That's a function of a couple different things. First and foremost, we are the leading company in PC sales across the globe and we have a strong PC market in India. Looking specifically at Motorola, the sales around the globe and here are phenomenal. As a company, Motorola’s revenue growth from units sold was approximately twenty-one percent, while unit growth was fourteen percent," he remarked.

Zielinski revealed that the Motorola venture in India is estimated to have 8 percent of the market share, experiencing growth of between 100 and 160 percent, with materials from India. Lenovo is now using India as a base to export Motorola phones to other markets including North America.

Lenovo's workforce in India stands at nearly 14,000, including close to 400 at its new R&D lab in Bengaluru.

AI hub and manufacturing

In September 2024, Lenovo expanded its operations to include a new site in Puducherry, which will produce approximately 50,000 enterprise AI servers and 2,400 units of advanced Graphics Processing GPU each year.

Shailendra Katyal, Managing Director, Lenovo India shared that these AI servers manufactured in India will be available from April.

The company noted that while 100 percent of its phones are manufactured in the country, the company is also going to increase its PC portfolio’s local manufacturing from the current 30 percent to 50 percent next year.

Katyal further added that it is expected that nearly all of the PC portfolio, will be locally manufactured within the next three years, between the two existing factories and the partnership with Dixon Technologies under PLI 2.0.

“India is going to be the hub for developing next-gen artificial intelligence and GPU-based servers. Just imagine everything from hardware, software, firmware, testing, and validation. India, specifically Bangalore, will house most of the know-how and design work,” Zielinski remarked.