LAVA emerges as favourite mobile handset in India

    By GizBot Bureau

    LAVA has emerged as a "Challenger" mobile handset maker across India and stands at number one in states like Jammu & Kashmir, Tamil Nadu, Rajasthan and Gujarat, a new report said on Friday.

    LAVA emerges as favourite mobile handset in India

    According to market research group Cyber Media Research (CMR), LAVA registered 29 percent in mobile handset shipments in the third quarter of 2016, selling over 7.1 million handsets as compared to 5.4 million in the second quarter this year.

    SEE ALSO: Good News For Paytm Users! Transfer Cash To Your Bank Account at 0% Interest Until December

    "Despite immense competition, we have done highest volume among all Indian mobile handset brands and have emerged as the 'Challenger' brand across India," said Navin Chawla, Chief Operating Officer of LAVA.

    LAVA emerges as favourite mobile handset in India

    LAVA plans to strengthen its manufacturing in India to cater to both domestic and international markets.

    SEE ALSO: Top 10 Fast/Quick Charging Smartphones to Buy Under Rs 10,000

    "It has earmarked an overall investment of Rs 2,615 crore for ramping up the existing manufacturing units along with setting up more manufacturing facilities to increase the overall production capacity to 216 million units per annum in the next five to eight years," said Chawla.

    Source IANS

    Read More About: lava smartphones india news

    Stay updated with latest technology news & gadget reviews - Gizbot

    Notification Settings X
    Time Settings
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Yes No
    Settings X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more