Lava to Invest Rs. 200 Crores to Design, Test Phones in India

Advertisement
By Press Trust of India | Updated: 2 December 2015 12:47 IST
Domestic handset maker Lava will invest about Rs. 200 crores over 18 months on strengthening its design and testing operations in the country as it aims to make India a major export hub for its handsets in the next few years.

Currently, the company has a team of about 250 people here working on these areas and a larger team of around 550 in China.

"We are making India a major manufacturing hub and in process, we are expanding design, testing and R&D teams also.

We will invest about Rs. 200 crores in the next one-one and half years," Lava International CMD Hari Om Rai told PTI.

Advertisement

He added the company will more than double the head-count in these areas.

"We will bring the entire manufacturing ecosystem to India. Our plan is to expand exporting to other countries next year and hopefully, by 2019, we will export to China itself," he said.

The plan to ramp up capacity is in line with that vision, Rai added.

Advertisement

In July, Lava had said it will invest Rs. 2,615 crores over the next seven years to set up two manufacturing units in India. Once operational, the units will have a combined capacity of 18 million handsets per month.

Global handset makers like Samsung and domestic players like Micromax and Spice have assembly units in India.

Advertisement

Recently, international players like Xiaomi, Gionee and Asus have announced assembly units in India in partnership with electronics major Foxconn in Andhra Pradesh.

Handset makers are looking to tap the multi-billion dollar opportunity in India, one of the fastest growing smartphone markets in the world.

Advertisement

The Indian handset industry is poised to overtake the US as the second-largest market in the next few years. According to research firm IDC, smartphone shipment in India grew 21.4 per cent year-on-year to 28.3 million units in July-September 2015 quarter.

Lava ranked fifth in the tally with 4.7 percent market share, after Samsung (24 percent), Micromax (16.7 percent), Intex (10.8 percent) and Lenovo Group (Lenovo and Motorola) (9.5 percent).

 

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. Here's How Much the Motorola Signature Could Cost in India
  2. iQOO 15 Ultra Design and Colourways Teased Ahead of Launch
  3. OnePlus Nord 6 Arrives on Geekbench With These Key Specifications
  4. Oppo Reno 15 FS 5G Launched With 6,500mAh Battery, Snapdragon 6 Gen 1 SoC
  5. Samsung Sound Tower 2026 Lineup Launched in India With These Features
  6. iPhone 18 Could Launch With Brighter Display, BOE May Lose Supplier Role
  7. Apple Pay Could Soon Be Available in India With Tap-to-Pay Support: Report
  8. Samsung Galaxy S26 Series Launch Date Surfaces Ahead of Unpacked Event
  9. Redmi Note 15 Pro Series 5G India Launch Gets Delayed
  10. iPhone 18 Pro Series Expected to Debut With Dynamic Island, Tipster Claims
  1. Google Pixel 10a Spotted With Familiar Design in Leaked Renders
  2. iPhone 18 Tipped to Launch With Brighter Display, BOE May Lose Supplier Role
  3. OnePlus Nord 6 Key Specifications Including Snapdragon 8s Gen 4 SoC Revealed via Geekbench Listing
  4. iQOO 15 Ultra Design and Colourways Revealed Ahead of Launch in China
  5. Samsung Galaxy S26 Launch Date, Pre-Order Timeline Tipped Ahead of Galaxy Unpacked Next Month
  6. Shambala Now Streaming Online: What You Need to Know About Aadi Saikumar Starrer Movie
  7. Deepinder Goyal to Step Down as Eternal CEO; Blinkit’s Albinder Dhindsa Named Successor
  8. Microsoft CEO Satya Nadella Says AI’s Real Test Is Whether It Reaches Beyond Big Tech: Report
  9. Meta's New AI Team Delivered First Key Models Internally This Month, CTO Says
  10. Apple Pay Reportedly Likely to Launch in India Soon; iPhone Maker Said to Be in Talks With Card Networks
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.