Lava | Pixr8 News

16May By Press Trust of IndiaNo Comments

INDIA

Lava to shift operations from China to India, Invest $100 Million cr in 5 yrs

Mobile devices maker Lava International said it is shifting its China operations to India following recent policy announcements by the Indian government. The company plans to invest around $100 million (800 crore) over the next five years to scale up its mobile phone development and manufacturing operations in the country. "We had around 600-650 employees in China for product design. Now we have shifted designing to India. Our sales requirements for India were met from our local plant. "We used to partially export mobile phones from China to the rest of the world, which will now happen from India," Lava International Chairman and Managing Director Hari Om Rai told PTI. During the lockdown period, Lava met its export demand from China. "My dream is to export mobile devices t...

Oppo Planning to Launch Sub Brand to Take Over Xiaomi in India

Chinese Smartphone Manufacturer Oppo has begun assembling printed circuit boards (PCB's) at its maiden second plant in India and is also planning to launch a sub-brand aimed at taking over arch contender Xiaomi, which is currently the leading player in the Indian market. Just a few weeks ago this month, Xiaomi had announced its own new manufacturing facilities including a PCB assembly unit to be used for its new sub-brand which is tentatively expected to launch next month. And now, rival Oppo too has revealed its plan to set up 50 million phone production capacity plant and PCB assembly. Levi Lee, Chief Product Officer at Oppo's new brand said, We have conducted a thorough research among online young consumers in last six months and have found that customers are more incli...

Vivo Invests Rs 125 Crore For Manufacturing Unit In India

Betting big on the booming smartphone demand in the country, Chinese handset maker Vivo has set up a manufacturing and assembling facility in India with an investment of Rs 125 crore. Located at Greater Noida, the unit has a maximum production capacity of one million devices a month. "The unit will cater to the manufacturing and assembling of Located at Greater Noida, the unit has a maximum production capacity of one million devices a month. "The unit will cater to the manufacturing and assembling of vivo smartphones, creating more jobs and decreasing vivo's dependence on imports," the company said in a statement. The firm, which has been present in India for a year, has invested about Rs 125 crore as its first phase of investment in the 30,000 The firm, which has been present in Ind...