Lava commits ₹1,100 cr over 5 years to electronics components manufacturing push
Lava International will deploy ₹1,100 crore over five years to diversify beyond handsets into chargers, camera and display modules, enclosures and PCBs. A new charger facility already delivers 20% cost savings, and the company has filed under the Electronics Components Manufacturing Scheme.
What happened
Lava International will invest ₹1,100 crore over five years to diversify into electronics components manufacturing, including chargers, camera/display modules,
Key facts
- ₹1,100 crore
- 5 years
- 4 crore mobile phones
- 20%
Why this matters
Lava's diversification into PCBs, displays and enclosures opens partnership and JV windows for component specialists, ODMs and tooling players seeking anchor Indian demand under the ECM scheme.