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12/22/2024 06:27:02 pm

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Lenovo Seeks Government's Approval for Single Brand Retail Stores in India

Lenovo India

(Photo : Twitter/Lenovo_in) Lenovo is planning a major expansion in India.

Lenovo is planning a major expansion in India.The Lenovo-Motorola partnership is looking to increase its sales in the country. The company has sought the Indian government's approval to open single brand retail outlets to increase its sales in the country.

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Lenovo's move comes a month after the Indian government relaxed local sourcing rules for foreign companies interested in opening single brand showrooms in the country. China's Le Eco and U.S.-based Apple Inc. have also applied for single brand retail license.

"Sales have been growing at a healthy pace in India and we expect to maintain a strong momentum even during the current fiscal," Lenovo India's Sudhin Mathur told Times of India newspaper.

The Chinese tech giant also named Rajesh Thadani as the head of its India consumer business. Thadani, the former Lenovo Indonesia chief, will be tasked with accelerating Lenovo's consumer and online business to the next level, the company said in a statement.

The Chinese smartphone maker on Monday launched its next-generation smartphone model - the Lenovo Vibe K5 Note - in India. The Lenovo Vibe K5 Note is now exclusively available on India's top e-commerce platform Flipkart at Rs 11,999 ($180) for the 3GB variant and Rs 13,499 ($203) for the 4GB variant.

The smartphone has already been released in China and Thailand. It is powered by a MediaTek Helio P10 processor and features 16GB internal storage, expandable up to 256GB via microSD. It has a 5.5-inch display with 1920 x 1080 HD resolution and 13MP primary camera with dual-LED flash and an 8MP selfie camera.


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