Lava announced its entry into the true wireless segment with the launch of Probuds
Production of Rs 1.6 trn and exports of Rs 60,000 cr expected over next 4 years, says govt
Priced between Rs 9,000 - Rs 15,000, the Lava e-Education series debuts with three tablets -- Magnum XL, Aura and Ivory - each of a different screen size
Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards
Lava unveiled the world's first customisable smartphone that will allow customers to choose the components -- camera, memory, storage capacity and colour -- on their own from the company's website
Lava, Bhagwati (Micromax), Padget Electronics, UTL Neolyncs and Optiemus Electronics are among the Indian companies approved
Samsung Lava, Dixon and iPhone contract manufacturer looks to produce mobile devices and components worth over Rs 11 trillion in the next five years
"Foreign companies that have submitted proposals for the scheme include Samsung, Foxconn Hon Hai, Rising Star, Wistron and Pegatron," the source said
While the leading brands continued to gain share, fringe players had to bear the brunt of supply chain constraints and growing anti-China sentiments to some extent
The government will offer the scheme to five global and domestic entities.
The phone is priced at Rs 2,000 and will be available in black and gun metal colour variants across national retail stores and multi-brand outlets
Lava's revenues in Telangana and AP grew 104 per cent in 2015 over 2014
The company is looking to dilute equity stake to strategic partners