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Lava to shift production for export market from China to India within 6 months

New Delhi, 16th May 2020: Lava, a leading Indian mobile phone company is all set to shift its production for the export market from China to India within next six months. The company is also relocating its R&D facility and design center from China to India. As a part of the transition, Lava will invest around 80 Cr this year and subsequently around 800 Cr over the next 5 years.

The move came after the Indian mobile phone manufacturers gained a significant cost advantage over China from the PLI scheme announced by the government last month. Lava currently follows a two-pronged strategy for its exports- One by selling phones under its brand name and another by manufacturing or customizing products for electronic companies.

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