Lava International Ltd
India is the second largest mobile handsets manufacturer in the world with regards to volume produced amounting to 30 crore (300 million) in FY21.
Established in 2009, Lava International Ltd., is an Indian mobile handset manufacturer. Since its inception, the company has been at the forefront in building a robust ecosystem of design and manufacturing mobile handsets. With ‘Create Possibilities’ as its guiding principle, Lava has embarked on an ambitious journey of becoming the 1st global consumer brand from India by empowering every human with quality innovative products.
In line with the Govt. of India’s ‘Make in India’ initiative, Lava has taken the lead in support of this important nation-building programme and has already set-up a design team in India, becoming the first company to do so in the country.
Lava products are available through a nationwide retail network of 165K retailers, who in turn are directly served by over 1000 distributors. Lava’s after-sales service network is one of the largest in the country with close to 800+ professionally managed service centres.
- Most Trusted Indian Mobile Phone Brand of the Year (Trust Research Advisory’s Brand Trust Report 2019)
- Most Trustworthy Brand in the CMR Retail Sentiment Index 2018
- Exports >33% of its phones to markets such as Mexico, Africa, Southeast Asia and West Asia
- Has in-house R&D and product-testing facilities in China and India to design and develop products
- Has overseas operations in Thailand, Indonesia, Mexico, China, Hong Kong, Egypt, the Middle East, Nepal, Bangladesh and Sri Lanka
- Standalone total income stood at Rs. 1,625.52 crore (US$ 218.85 million) in FY21.
Lava International Ltd: Create Possibilities
| Year | Milestone |
|---|---|
| 2023 |
Lava international announced Republic day offer |
| 2022 |
Lava unveils cheapest 'Made In India' 5G phone In September 2022, Lava International Ltd. announced the on-boarding of young superstar Kartik Aaryan as the brand ambassador to endorse its smartphones category, while launching Lava Blaze Pro. On February 21, 2022, Lava released its Probuds N3 Neckband at a starting price of Rs. 799 (US$ 10.38). |
| 2021 |
In September 2021, Lava International announced the launch of its latest wireless earbuds, Probuds 2. Lava International announced its plan to raise Rs. 1,400-1,500 crore (US$ 187-201 million) via an initial public offering (IPO) Lava launched three education-focused 4G tablets in India, including Lava Magnum XL, Lava Aura, and Lava Ivory 4G. |
| 2020 |
Lava began manufacturing Nokia smartphones and is in talks with other telcos such as Motorola for similar tie-ups. Lava announced (in May) that it will shift production for the export market from China to India within six months. The company will also be relocating its R&D facility and design centre from China to India. As a part of the transition, Lava will invest ~Rs 800 million (~US$ 11 million) this year and subsequently ~Rs 8 billion (~US$ 110 million) over the next five years The company introduced the LAVA Pay app—an innovative digital payment solution that does not require an internet connection |
| 2019 |
Lava International Limited announced its entry into Ghana, Nigeria and Kenya, as a part of its international expansion plan |
| 2018 |
Won the coveted Golden Peacock Award in 2018 for its innovative product/services |
| 2017 |
The company launched 4G Connect M14, India's first 4G-enabled feature phone |
| 2016 |
Started its African operations by launching products in Egypt |
| 2015 |
Lava extended its popular X1 series with the launch of Iris X1 Grand & Iris X1 Mini |
| 2014 |
Lava became India’s 5th most trusted mobile handset brand |
| 2013 |
Expanded its international reach with smartphones launch in Nepal |
| 2009 |
Lava International Ltd. was established |
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