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Aug, 29 2018

Lenovo is expanding data centre business in India

Lenovo is also looking to expand its Chennai facility by investing $1.2 billion in research and development (R&D) on artificial intelligence.

Chinese technology major Lenovo is growing its data centre business in India. The company will expand by collaborating with startups and government partners to host applications of companies in manufacturing, financial services, academia and healthcare sectors. 

Lenovo is also looking to expand its Chennai facility by investing $1.2 billion in research and development (R&D) on artificial intelligence.

The company sees huge business from India. It expects $5-6 billion overall revenue coming from the country in the next three years.

Vivek Sharma, MD-Data Center Group (DCG) at Lenovo India, said, "India is among the 10 countries we have identified from a data centre expansion perspective and the emerging market has a huge growth opportunity. Going ahead with a three-year-plan, we expect revenues to double and be among the top three players in the industry."

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