Lava commits Rs 1,100 cr to electronics components push over five years
Lava International will deploy Rs 1,100 crore across five years to diversify into electronics components manufacturing, beginning with locally-sourced mobile chargers before scaling to camera modules, displays, enclosures and PCBs under the government's component scheme. The bet targets 20% lower cost structures and capacity tied to 4 crore mobile phones.
Lava International will invest Rs 1,100 crore over five years to diversify into electronics components manufacturing, starting with locally-sourced mobile chargers and expanding to camera modules, displays, enclosures and PCBs under the government's component scheme.
Why this matters
Lava is moving beyond handsets into upstream components, leveraging the government's component scheme to build vertical capability and cost advantage tied to its 4 crore phone capacity.
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