Lenovo India Delivers Stable Profitability and Closes FY 2022-23 with US$ 1.9 Billion - GADGET-INNOVATIONS

Lenovo India Delivers Stable Profitability and Closes FY 2022-23 with US$ 1.9 Billion

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“Our ongoing journey of transforming into an end-to-end technology solutions company continues to gather remarkable momentum. While we are experiencing a cyclical slowdown in the PC segment, our growth engines of Solutions & Services Group (SSG), Motorola, and Infrastructure Solutions Group (ISG), have played a pivotal role in mitigating the downturn. 

 

 

We have supported this growth by investing in nurturing local talent and capabilities in India and continue to expand our local manufacturing presence, with over 5 million products being made in India

 

 

Concluding the fiscal year 2022-23, our India revenue stood at US$ 1.9 billion. By harnessing Lenovo's perspective of new IT architecture and leveraging pocket-to-cloud offerings and solutions, we have gained a significant competitive edge, and we plan to drive it further as we innovate and bring newer, sustainable, and smarter solutions to meet our customers’ intelligent transformation needs”  – Shailendra Katyal, Managing Director, Lenovo India.