Indian handsets brand Lava is all set to make a comeback in 2021, after it bagged approval under the production-linked incentive (PLI) scheme last year.
The Noida-based company, which was cornered by a few aggressive brands from China about five years ago, is now looking to beat rivals on their terms.
Once a major player in the country’s budding smartphone market, Lava was the casualty of a highly-competitive pricing game that Chinese brands had initiated post their entry in 2014. In its comeback attempt, the local player has now decided to grab a slice from them by offering devices at a cheaper