Just In
- 3 hrs ago Samsung Galaxy M15 5G Launch in India Teased; Could Be Priced Under Rs 15,000
- 3 hrs ago Good News for GTA Fans: GTA 6 Release Not Delayed to 2026 After All
- 4 hrs ago TECNO POVA 6 Pro Vs Nothing Phone (2a): Long Lasting Battery or Performance
- 6 hrs ago Tecno Pova 6 Pro 5G Review: The King of Fast Charging with a Small Catch!
Don't Miss
- Movies Elvish Yadav Controversy: Astrologer Janardan Dhurve's Prediction About Bigg Boss OTT 2 Winner Turns Out To Be
- Sports Will RCB fans take Rohit Sharma or Hardik Pandya? Answer goes Viral on Social Media
- News Delhi Weather Update: IMD Warns Of Heavy Rain, Hailstorms
- Lifestyle Ramadan 2024: 7 Makeup Tips To Enhance Your Festive Look And Exhude Radiance
- Finance 3 Bonus Issues: Tata Group IT Giant To Recommend Dividend In 14 Days, Buy?
- Automobiles Citroen Basalt Vs Tata Curvv – The Beauty Contest
- Travel Choosing Your Next Home: Hyderabad Or Pune?
- Education National Management College begins admissions for CA and CMA courses
Lava Might Launch Five Smartphones Before Diwali
After launching the Z66 smartphone, Lava is reportedly planning to bring new devices before Diwali. The upcoming five smartphones will be designed in India and likely to be priced under Rs. 10,000. However, there are chances that one smartphone could be above Rs. 10,000.
Notably, Lava is launching handsets under Rs. 8,000 but this time it is planning to launch devices for all users and likely to bring devices in different price segments, such as Rs. 6,000, Rs. 8,000, and Rs. 10,000. This clearly means that the company wants to establish itself in the same segment, where players like Realme, Xiaomi, and other Chinese players are operating.
Besides, Lava is planning to shift its research & development, design, and manufacturing facility to India. In addition, the handset maker is planning to invest Rs. 80 crore this year and Rs. 800 crore in the next five years, report IANS. The latest development comes after the government introduced the Production Linked Incentive Scheme (PLI) scheme for smartphone manufactures, where both domestic and international handset makers will get an incentive.
Micromax Also Plans To Launch Devices
Meanwhile, sources close to the development told Gizbot that Micromax is also planning to bring devices soon in the same segment. In fact, it is expected that Micromax might launch devices before Diwali. Apart from bringing smartphones in the country, Micromax is planning to invest Rs. 500 crore in manufacturing.
"We want our old position back in this market and to do that we will launch multiple phones. We know the pulse of this market and understand the sweet spots. Our phones will come in all those sweet spots and we would look to disrupt the market," Micromax co-founder Rahul Sharma was quoted by Business Today. Besides, the report states that Micromax is planning to bring 20 devices by the end of this financial year.
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
1,39,900
-
1,29,900
-
79,900
-
65,900
-
12,999
-
96,949
-
16,499
-
38,999
-
49,999
-
30,700
-
12,500
-
68,999
-
23,990
-
1,25,999
-
36,999
-
38,999
-
1,17,840
-
35,000
-
23,960
-
82,510