Lenovo India MD Shailendra Katyal Speaks on GST Reduction for PCs and Market Growth
Lenovo's Advocacy for Reduced GST on PCs
Shailendra Katyal, the MD of Lenovo India, recently emphasized the crucial need for reducing the GST on personal computers and laptops aimed at students during an insightful interview. He articulated that lowering the current 18% GST rate would significantly enhance market accessibility, boosting digitization in education.
Market Demand and Future Initiatives
In terms of demand, Lenovo has observed a recovery post-pandemic, with the education sector remaining a primary focus. Katyal pointed out the impact of Windows 10's sunset and the upcoming shift to Windows 11 as pivotal moments for enterprise-level purchases.
- Current Market Strengths: The Indian landscape is stabilizing due to policy clarity, despite global supply chain issues.
- Focus on Growth: Lenovo is aggressively pursuing opportunities in artificial intelligence and server production.
- Digital Penetration Needs: Strengthening digital access for rural and government schools is essential for broadening PC penetration.
- Lenovo's significant market share in tier-2 and tier-3 cities is promising.
- Collaboration with local governments is necessary for improving digital infrastructure.
- Plans to expand manufacturing capacity and continue supporting the PLI scheme are underway.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.