India, Jan. 13 -- In a major impetus for the Centre's "Make In India" initiative, Chinese consumer electronics major Lenovo is on track to double the production of its devices in India in the ongoing fiscal year.

Speaking with Economic Times, Lenovo India's managing director Shailendra Katyal said that the company is well poised to manufacture 12 Mn laptops and smartphones in the country in the financial year 2024-25 (FY25) compared to 6.4 Mn in FY24.

"This will help us to taper down imports progressively. We are also developing the component ecosystem in India," Katyal said.

He added that Lenovo will continue to scale up local production every year and the company wants to further increase local production by 40% year-on-year (YoY) by...