Lava International invests in component manufacturing
Analysis based on 7 articles · First reported May 21, 2026 · Last updated May 21, 2026
Lava International's investment is expected to positively impact the electronics manufacturing sector in India by increasing domestic value addition and reducing import dependence. This move could lead to increased competition and innovation within the local supply chain, potentially benefiting other domestic manufacturers and creating employment opportunities.
Lava International plans to invest Rs 1,100 crore over the next five years to diversify into critical electronics components manufacturing. This investment will focus on producing components like camera modules, display modules, enclosures, and multi-layered printed circuit boards. The company has already inaugurated a new mobile charger facility in Noida, which produces chargers at a 20% lower cost using locally sourced components. This strategic move aligns with India's 'Make in India' initiative, aims to reduce dependence on global supply chains, and is expected to generate approximately 8,500 jobs. Lava International has also submitted a proposal under the government's Electronics Components Manufacturing Scheme for approval.
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