Chinese computer maker Lenovo is eyeing 30 per cent growth by expanding its footprint in India by this fiscal. To that end, it will launch 400 Lenovo Exclusive Stores (LES) Lite. LES will function on franchisee basis. Of these, 80 will be launched in eastern India as pilot stores. Lenovo occupies the fourth position in the Indian market behind Dell, HP and Acer, with a total market share of 7.2 per cent. Currently, the company operates only through the multi-brand retail format. The new LES will deliver a new business opportunity to the in-store signage companies as well as PSPs, fabricators, sign suppliers, etc.
