MARCH 20259MARQUARDT INAUGURATES 180 CR MANUFACTURING FACILITY IN TALEGAONLENOVO PLANS TO ACHIEVE 100% PC MANUFACTURING IN INDIAThe German mechatronics firm Marquardt has officially opened a new manufacturing plant in Talegaon, close to Pune, India, on March 5, 2025. This new facility is a substitute for the firm's former location in Mumbai and signifies an investment exceeding 180 crore rupees Lenovo, a leading global technology firm, announced on Wednesday that it plans to produce all of its personal computer (PC) models in India over the coming three years. The company intends to achieve full 100 percent production for its PC business during this time, according to (approximately $21.5 million USD) in infrastructure, machinery, and equipment.The facility will mainly concentrate on producing mechatronic system solutions for India's automotive sector, including drive authorization systems, gear selector switches, and battery management systems for electric vehicles. Marquardt aims to create approximately 300 additional jobs at the facility within the next five years."India represents a key growth market for Marquardt with significant potential," said BjörnTwiehaus, CEO of the Marquardt Group. "By opening this new plant in Talegaon, we are advancing our success story in India and strengthening our role as a leading supplier of mechatronic systems for future mobility."Vishal Narvekar, General Manager of Marquardt India, highlighted the plant's significance in aiding the Indian government's "Make in India" initiative by enhancing local manufacturing, fostering innovation, and generating job opportunities.Marquardt has been established in India for many years and runs a development center in Pune, with more than 450 employees engaged in both local and worldwide projects as part of Marquardt's global innovation network. senior executives. This will also include its provision in AI-PC. Lenovo India Managing Director Shailendra Katiyal mentioned that currently, the company produces 30 percent of its total PC sales locally, aiming to reach 50 percent next year and achieve 100 percent within three years.Katiyal additionally mentioned that the initial AI-driven servers will be launched from its manufacturing hub in India starting April 1. He was speaking at the company's main event Lenovo TechWorld India 2025 taking place in Mumbai.In September of the previous year, Lenovo launched a manufacturing plant in Puducherry that will produce approximately 50,000 enterprise AI servers and 2,400 premium graphics processing units (GPUs) each year.Lenovo, while enhancing its manufacturing presence in India, is also seeking AI talent and aims to boost its research and development capabilities. The firm revealed the establishment of an additional R&D center in Bengaluru, aiming to transform India into an AI hub.The leading Chinese consumer electronics company also reported that it is experiencing rapid growth in India regarding AI. For the year-to-date period, Lenovo's revenue in India increased to $2.5 billion.
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