Lava提交DRHP申请IPO;计划筹集高达15亿卢比

Read also<\/h3>

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Handset PLI timeline extension to help achieve all goals: Lava Chairman<\/h4><\/a><\/div>

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Lava International all set for IPO, seek shareholders approval<\/h4><\/a><\/div><\/div>
Analysts said that Lava\u2019s strength lies in understanding the supply chain, design, and manufacturing and can be leveraged across different categories of products including consumer IoT, smartphones, IT hardware, among others, that will be localized in India, due to the PLI push.

<\/div><\/div>The year 2016 was the best year for Lava when its overall revenue reached Rs 7272 crore. However, its domestic business fell drastically because it couldn\u2019t compete with Chinese players that entered the market with fat marketing budgets.

Lava\u2019s revenue for FY19-20 stood at Rs 5269 crore with a major contribution from its international business, compared with Rs 5,108 crore reported for the year ago. Its net profit stood at Rs 107 crore, compared with Rs 73 crore in the previous year.

Lava reported Rs 1,726.08 million net profit at March 31, 2021, up from Rs 1,077.61 million in 2020 and Rs 731.82 million in 2019.
The company's revenues stood at Rs 55,236.78 million at March 31, 2021, up from Rs 52,824.48 million in 2020.

Lava is currently making an investment of Rs 800 crore to support its smartphone business and expand manufacturing capabilities under the PLI scheme over the next five years.

Besides manufacturing its own branded devices<\/a>, Lava has also started making Nokia and Motorola branded smartphones through its contract manufacturing business. It is also actively looking for western companies as part of its push into contract manufacturing. It has been working with US companies like AT&T and General Electric (GE) to provide them with affordable smartphones.
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Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"23.0","minfoseo":"23-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1632917863128","minfoseo":"1632917863128"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"HashCode":{"minfo":"237523426","minfoseo":"237523426"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3533.0","minfoseo":"3533-0"},"NumberOfWords":{"minfo":"570.0","minfoseo":"570-0"},"key":{"0":{"keyid":"250883","value":"lava international","smid":"0","keynameseo":"lava-international","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"380123","value":"vishal sehgal","smid":"0","keynameseo":"vishal-sehgal","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"6035577","value":"unic memory technology","smid":"0","keynameseo":"unic-memory-technology","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"12199677","value":"tupperware kitchenware","smid":"0","keynameseo":"tupperware-kitchenware","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"522157","value":"sunil bhalla","smid":"0","keynameseo":"sunil-bhalla","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"35210","value":"sebi","smid":"0","keynameseo":"sebi","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"1709212","value":"hari om rai","smid":"0","keynameseo":"hari-om-rai","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"6375760","value":"axis capital","smid":"0","keynameseo":"axis-capital","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Danish Khan","aunameseo":"danish-khan","artauid":"479206691","artauemail":"danish.khan@timesinternet.in","auFullName":"Danish Khan","pubname":"ETTelecom","designame":"Assistant Editor - Telecom","audetailsxml":{"authordetails":[],"details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675626","auagencyname":"ETTelecom","autype":"GENERAL"}},"similarlytagged":[{"msid":"94625960","stname":"Lava launches its 1st 5G phone, to be priced around Rs 10k","artsyn":"The pre-bookings for the 5G smartphone, which was unveiled at the India Mobile Congress (IMC) 2022, will commence around Diwali this year.","seolocation":"telecomnews\/lava-launches-its-1st-5g-phone-to-be-priced-around-rs-10k","seolocationalt":"Lava launches its 1st 5G phone, to be priced around Rs 10k","url_seo":"lava-launches-its-1st-5g-phone-to-be-priced-around-rs-10k"},{"msid":"94603891","stname":"Innovative 5G use cases to develop in 1.5 years: Airtel\u2019s Rahul Vatts","artsyn":"\u201cWe have seen a variety of use cases with some small startups. What I'm saying is all these things will take some time for the job. But you have to encourage the idea to push and work with these people to translate them into some use cases. But I'm pretty sure that over a period of next 1-1.5 years, you're going to see an explosion of these thoughts and ideas. And actually eventual commercialization of the product,\u201d said Rahul Vatts, chief regulatory officer of Bharti Airtel, in a panel discussion at the India Mobile Congress.","seolocation":"telecomnews\/innovative-5g-use-cases-to-develop-in-1-5-years-airtels-rahul-vatts","seolocationalt":"Innovative 5G use cases to develop in 1.5 years: Airtel\u2019s Rahul Vatts","url_seo":"innovative-5g-use-cases-to-develop-in-1-5-years-airtels-rahul-vatts"},{"msid":"93580532","stname":"PM's vision of techade, push for 5G, semiconductors to boost tech sector: Industry","artsyn":"Modi, in his speech on the 76th Independence Day, touched upon all-round development of technology in the country, from 5G to push for electronic chips, laying of optical fibre cable (OFC) network across villages and enablement of digital entrepreneurship in villages through Common Services Centres, making the present decade as \"techade\" for India.","seolocation":"telecomnews\/pms-vision-of-techade-push-for-5g-semiconductors-to-boost-tech-sector-industry","seolocationalt":"PM's vision of techade, push for 5G, semiconductors to boost tech sector: Industry","url_seo":"pms-vision-of-techade-push-for-5g-semiconductors-to-boost-tech-sector-industry"},{"msid":"92041596","stname":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","artsyn":"\"We came up with the concept of customer relationship manager for Agni series phones - Agni Mitra -where customers were allotted a dedicated person to handle any issue that they may face in their smartphones. We are now going to extend the same concept for our upcoming Blaze series. We are planning to start it with 2,000 personnel across India,\" Raina said.","seolocation":"telecomnews\/lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home","seolocationalt":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","url_seo":"lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home"},{"msid":"90409094","stname":"Mindset of revenue authorities continues to be unfriendly at times: ICEA chairman","artsyn":"\"The mindset of revenue authorities continues to be shrill and very unfriendly at times. If India has to be a great nation then there has to be trust and deep patriotism. That is required in each and every person.\"","seolocation":"telecomnews\/mindset-of-revenue-authorities-continues-to-be-unfriendly-at-times-icea-chairman","seolocationalt":"Mindset of revenue authorities continues to be unfriendly at times: ICEA chairman","url_seo":"mindset-of-revenue-authorities-continues-to-be-unfriendly-at-times-icea-chairman"},{"msid":"89921890","stname":"HMD Global to bring 5G across all price points; says financing options key for migration: CEO Florian Seiche","artsyn":"\u201cOne of our key focus areas is to bring 5G deep across our portfolio. Last year, we launched six 5G devices in our portfolio and we have launched two exclusive models with a US carrier which were both aimed at the more affordable price point. This is allowing us to get the scale to now further expand in 2022, so you will see this as an important part of our portfolio this year,\u201d HMD Global Chief Executive Officer (CEO) Florian Seiche told ET in an exclusive interaction.","seolocation":"telecomnews\/hmd-global-to-bring-5g-across-all-price-points-says-financing-options-key-for-migration-ceo-florian-seiche","seolocationalt":"HMD Global to bring 5G across all price points; says financing options key for migration: CEO Florian Seiche","url_seo":"hmd-global-to-bring-5g-across-all-price-points-says-financing-options-key-for-migration-ceo-florian-seiche"},{"msid":"89743081","stname":"Chipset challenges to resolve by next quarter; handset brands want price increase for sustainability in India","artsyn":"\u201cQ2 of this year will see semblance between supply and demand for phones at least. For the rest of the verticals, it will be dragged to the end of the year. We see more sanity coming to the system , settling down to Q2. Automotive and other industries, which have fueled the demand, will have to be streamlined as the auto supply chain is a lot different than smartphones,\u201d Rajen Vagadia, VP and President, Qualcomm India and SAARC, told ET.","seolocation":"telecomnews\/chipset-challenges-to-resolve-by-next-quarter-handset-brands-want-price-increase-for-sustainability-in-india","seolocationalt":"Chipset challenges to resolve by next quarter; handset brands want price increase for sustainability in India","url_seo":"chipset-challenges-to-resolve-by-next-quarter-handset-brands-want-price-increase-for-sustainability-in-india"},{"msid":"88253630","stname":"Lava launches Probuds N2 neckband with Bluetooth 5.0 at Rs 1,199","artsyn":"The Probuds N2 neckband comes with features such as call alert, dual device connectivity, and runs on a 110mAh battery which is claimed to offer a playback time of 4 hours and standby time of 120 hours.","seolocation":"telecomnews\/lava-launches-probuds-n2-neckband-with-bluetooth-5-0-at-rs-1199","seolocationalt":"Lava launches Probuds N2 neckband with Bluetooth 5.0 at Rs 1,199","url_seo":"lava-launches-probuds-n2-neckband-with-bluetooth-5-0-at-rs-1199"},{"msid":"88206073","stname":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","artsyn":"\u201cIndia is an important market for us from a manufacturing standpoint and we creating it as a global hub for supply chain,\u201d HMD Global vice-president (India and MENA) Sanmeet Singh Kochhar told ET.","seolocation":"telecomnews\/nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports","seolocationalt":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","url_seo":"nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports"},{"msid":"87493407","stname":"India can produce $300 billion worth of electronics by 2025-26: Rajeev Chandrashekhar","artsyn":"\"Prime Minister's efforts over the last few years leading to a vision of $300 billion of electronics production is a real opportunity for India. Industry believes in that and we will support the industry,\" Chandrashekhar said while releasing a vision document and action plan to promote domestic manufacturing.","seolocation":"telecomnews\/india-can-produce-300-billion-worth-of-electronics-by-2025-26-rajeev-chandrashekhar","seolocationalt":"India can produce $300 billion worth of electronics by 2025-26: Rajeev Chandrashekhar","url_seo":"india-can-produce-300-billion-worth-of-electronics-by-2025-26-rajeev-chandrashekhar"},{"msid":"87457440","stname":"Lava acquires Panama-based B Mobile to enter Latin American market; inks global licensing deal with Motorola","artsyn":"The acquisition is a part of Lava\u2019s plans for international market expansion. \u201cWe need to improve supply chain costs for Lava and have taken these steps to increase numbers. The moment we get supply chain at a good cost, things will change in terms of competitiveness,\u201d the person said.","seolocation":"telecomnews\/lava-acquires-panama-based-b-mobile-to-enter-latin-american-market-inks-global-licensing-deal-with-motorola","seolocationalt":"Lava acquires Panama-based B Mobile to enter Latin American market; inks global licensing deal with Motorola","url_seo":"lava-acquires-panama-based-b-mobile-to-enter-latin-american-market-inks-global-licensing-deal-with-motorola"},{"msid":"86604804","stname":"Lava files DRHP for IPO; plans to raise up to Rs 1500 crore","artsyn":"The Indian handset maker was initially planning to file DRHP by August but the process got delayed because the exit of its Chinese investor took time and it had to re audit its books again, people familiar with the matter said.","seolocation":"telecomnews\/lava-international-files-ipo-papers-with-sebi","seolocationalt":"Lava files DRHP for IPO; plans to raise up to Rs 1500 crore","url_seo":"lava-international-files-ipo-papers-with-sebi"},{"msid":"86111930","stname":"Lava International all set for IPO, seek shareholders approval","artsyn":"The company will seek shareholders approval for the initial public offering for up to Rs 2,400 crore, which will consist of an offer for sale by existing shareholders and issuance of fresh equity.","seolocation":"telecomnews\/lava-international-all-set-for-ipo-seek-shareholders-approval","seolocationalt":"Lava International all set for IPO, seek shareholders approval","url_seo":"lava-international-all-set-for-ipo-seek-shareholders-approval"},{"msid":"85030738","stname":"Lava plans to launch 5G phone before Diwali, targets 20% share in mobile accessories segment","artsyn":"Indigenous mobile devices company Lava International is planning to come up with its first 5G smartphone, that will be priced below Rs 20,000 apiece, around Diwali, according to a senior company official.","seolocation":"telecomnews\/lava-plans-to-launch-5g-phone-before-diwali-targets-20-pc-share-in-mobile-accessories-segment","seolocationalt":"Lava plans to launch 5G phone before Diwali, targets 20% share in mobile accessories segment","url_seo":"lava-plans-to-launch-5g-phone-before-diwali-targets-20-pc-share-in-mobile-accessories-segment"},{"msid":"84503146","stname":"IT minister Chandrasekhar meets electronics manufacturers","artsyn":"Chandrasekhar, who joined PM Narendra Modi\u2019s cabinet this month as the union minister of State for Electronics and IT, discussed ways to make India a globally competitive manufacturing power, he said in a tweet on Saturday.","seolocation":"telecomnews\/it-minister-chandrasekhar-meets-electronics-manufacturers","seolocationalt":"IT minister Chandrasekhar meets electronics manufacturers","url_seo":"it-minister-chandrasekhar-meets-electronics-manufacturers"},{"msid":"84473526","stname":"Lava announces Android 11 update for its smartphones","artsyn":"Homegrown smartphone brand Lava International on Friday announced the Android 11 update for its Z2, Z4, Z6 and MyZ triple-camera variant smartphones.","seolocation":"telecomnews\/lava-announces-android-11-update-for-its-smartphones","seolocationalt":"Lava announces Android 11 update for its smartphones","url_seo":"lava-announces-android-11-update-for-its-smartphones"},{"msid":"84223856","stname":"Wary of third wave, handset companies play it by ear on fresh hiring","artsyn":"The five-year initial target was to create 200,000 permanent and 300,000 temporary jobs. ICEA represents Apple, iPhone makers Foxconn, Wistron and other manufacturers like Lava, Bhagwati, UTL and Optiemus, among others.","seolocation":"telecomnews\/wary-of-third-wave-handset-companies-play-it-by-ear-on-fresh-hiring","seolocationalt":"Wary of third wave, handset companies play it by ear on fresh hiring","url_seo":"wary-of-third-wave-handset-companies-play-it-by-ear-on-fresh-hiring"},{"msid":"84170576","stname":"IT hardware makers seek higher sops under PLI scheme to be globally competitive","artsyn":"India Cellular and Electronics Association of India (ICEA), which represents the likes of HP, Dell, Lenovo, Acer and contract manufacturers Foxconn, Flextronics, Wistron etc, has written to the government last week that we must aim for at least 25% of the global market which stands at $240 billion currently.","seolocation":"telecomnews\/it-hardware-makers-seek-higher-sops-under-pli-scheme-to-be-globally-competitive","seolocationalt":"IT hardware makers seek higher sops under PLI scheme to be globally competitive","url_seo":"it-hardware-makers-seek-higher-sops-under-pli-scheme-to-be-globally-competitive"},{"msid":"84039500","stname":"Dell, Wistron, Foxconn, Lava, Dixon, others approved under PLI scheme for IT hardware: Meity","artsyn":"The scheme proposes production linked incentives to boost domestic manufacturing and attract large investments in the value chain of these IT Hardware products.","seolocation":"telecomnews\/dell-wistron-foxconn-lava-dixon-others-approved-under-pli-scheme-for-it-hardware-meity","seolocationalt":"Dell, Wistron, Foxconn, Lava, Dixon, others approved under PLI scheme for IT hardware: Meity","url_seo":"dell-wistron-foxconn-lava-dixon-others-approved-under-pli-scheme-for-it-hardware-meity"},{"msid":"84032770","stname":"Pent up demand driving smartphone sector recovery in June","artsyn":"Smartphone sales have increased 10-25% in June as compared to March in most Northern states, whereas South India is almost catching up to 100% revival, according to large distributors and retailers ET spoke to.\u200b","seolocation":"telecomnews\/pent-up-demand-driving-smartphone-sector-recovery-in-june","seolocationalt":"Pent up demand driving smartphone sector recovery in June","url_seo":"pent-up-demand-driving-smartphone-sector-recovery-in-june"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"250883","value":"lava international","smid":"0","keynameseo":"lava-international","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"380123","value":"vishal sehgal","smid":"0","keynameseo":"vishal-sehgal","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6035577","value":"unic memory technology","smid":"0","keynameseo":"unic-memory-technology","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"12199677","value":"tupperware 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year.","seolocation":"telecomnews\/lava-launches-its-1st-5g-phone-to-be-priced-around-rs-10k","seolocationalt":"Lava launches its 1st 5G phone, to be priced around Rs 10k","url_seo":"lava-launches-its-1st-5g-phone-to-be-priced-around-rs-10k"},"94603891":{"msid":"94603891","stname":"Innovative 5G use cases to develop in 1.5 years: Airtel\u2019s Rahul Vatts","artsyn":"\u201cWe have seen a variety of use cases with some small startups. What I'm saying is all these things will take some time for the job. But you have to encourage the idea to push and work with these people to translate them into some use cases. But I'm pretty sure that over a period of next 1-1.5 years, you're going to see an explosion of these thoughts and ideas. And actually eventual commercialization of the product,\u201d said Rahul Vatts, chief regulatory officer of Bharti Airtel, in a panel discussion at the India Mobile Congress.","seolocation":"telecomnews\/innovative-5g-use-cases-to-develop-in-1-5-years-airtels-rahul-vatts","seolocationalt":"Innovative 5G use cases to develop in 1.5 years: Airtel\u2019s Rahul Vatts","url_seo":"innovative-5g-use-cases-to-develop-in-1-5-years-airtels-rahul-vatts"},"93580532":{"msid":"93580532","stname":"PM's vision of techade, push for 5G, semiconductors to boost tech sector: Industry","artsyn":"Modi, in his speech on the 76th Independence Day, touched upon all-round development of technology in the country, from 5G to push for electronic chips, laying of optical fibre cable (OFC) network across villages and enablement of digital entrepreneurship in villages through Common Services Centres, making the present decade as \"techade\" for India.","seolocation":"telecomnews\/pms-vision-of-techade-push-for-5g-semiconductors-to-boost-tech-sector-industry","seolocationalt":"PM's vision of techade, push for 5G, semiconductors to boost tech sector: Industry","url_seo":"pms-vision-of-techade-push-for-5g-semiconductors-to-boost-tech-sector-industry"},"92041596":{"msid":"92041596","stname":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","artsyn":"\"We came up with the concept of customer relationship manager for Agni series phones - Agni Mitra -where customers were allotted a dedicated person to handle any issue that they may face in their smartphones. We are now going to extend the same concept for our upcoming Blaze series. We are planning to start it with 2,000 personnel across India,\" Raina said.","seolocation":"telecomnews\/lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home","seolocationalt":"Lava gearing up to compete in sub-Rs 10,000 smartphone segment, provide service at home","url_seo":"lava-gearing-up-to-compete-in-sub-rs-10000-smartphone-segment-provide-service-at-home"},"90409094":{"msid":"90409094","stname":"Mindset of revenue authorities continues to be unfriendly at times: ICEA chairman","artsyn":"\"The mindset of revenue authorities continues to be shrill and very unfriendly at times. If India has to be a great nation then there has to be trust and deep patriotism. That is required in each and every person.\"","seolocation":"telecomnews\/mindset-of-revenue-authorities-continues-to-be-unfriendly-at-times-icea-chairman","seolocationalt":"Mindset of revenue authorities continues to be unfriendly at times: ICEA chairman","url_seo":"mindset-of-revenue-authorities-continues-to-be-unfriendly-at-times-icea-chairman"},"89921890":{"msid":"89921890","stname":"HMD Global to bring 5G across all price points; says financing options key for migration: CEO Florian Seiche","artsyn":"\u201cOne of our key focus areas is to bring 5G deep across our portfolio. Last year, we launched six 5G devices in our portfolio and we have launched two exclusive models with a US carrier which were both aimed at the more affordable price point. This is allowing us to get the scale to now further expand in 2022, so you will see this as an important part of our portfolio this year,\u201d HMD Global Chief Executive Officer (CEO) Florian Seiche told ET in an exclusive interaction.","seolocation":"telecomnews\/hmd-global-to-bring-5g-across-all-price-points-says-financing-options-key-for-migration-ceo-florian-seiche","seolocationalt":"HMD Global to bring 5G across all price points; says financing options key for migration: CEO Florian Seiche","url_seo":"hmd-global-to-bring-5g-across-all-price-points-says-financing-options-key-for-migration-ceo-florian-seiche"},"89743081":{"msid":"89743081","stname":"Chipset challenges to resolve by next quarter; handset brands want price increase for sustainability in India","artsyn":"\u201cQ2 of this year will see semblance between supply and demand for phones at least. For the rest of the verticals, it will be dragged to the end of the year. We see more sanity coming to the system , settling down to Q2. Automotive and other industries, which have fueled the demand, will have to be streamlined as the auto supply chain is a lot different than smartphones,\u201d Rajen Vagadia, VP and President, Qualcomm India and SAARC, told ET.","seolocation":"telecomnews\/chipset-challenges-to-resolve-by-next-quarter-handset-brands-want-price-increase-for-sustainability-in-india","seolocationalt":"Chipset challenges to resolve by next quarter; handset brands want price increase for sustainability in India","url_seo":"chipset-challenges-to-resolve-by-next-quarter-handset-brands-want-price-increase-for-sustainability-in-india"},"88253630":{"msid":"88253630","stname":"Lava launches Probuds N2 neckband with Bluetooth 5.0 at Rs 1,199","artsyn":"The Probuds N2 neckband comes with features such as call alert, dual device connectivity, and runs on a 110mAh battery which is claimed to offer a playback time of 4 hours and standby time of 120 hours.","seolocation":"telecomnews\/lava-launches-probuds-n2-neckband-with-bluetooth-5-0-at-rs-1199","seolocationalt":"Lava launches Probuds N2 neckband with Bluetooth 5.0 at Rs 1,199","url_seo":"lava-launches-probuds-n2-neckband-with-bluetooth-5-0-at-rs-1199"},"88206073":{"msid":"88206073","stname":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","artsyn":"\u201cIndia is an important market for us from a manufacturing standpoint and we creating it as a global hub for supply chain,\u201d HMD Global vice-president (India and MENA) Sanmeet Singh Kochhar told ET.","seolocation":"telecomnews\/nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports","seolocationalt":"Nokia phone maker HMD looking to locally make tablets, accessories; to begin feature phone exports","url_seo":"nokia-phone-maker-hmd-looking-to-locally-make-tablets-accessories-to-begin-feature-phone-exports"},"87493407":{"msid":"87493407","stname":"India can produce $300 billion worth of electronics by 2025-26: Rajeev Chandrashekhar","artsyn":"\"Prime Minister's efforts over the last few years leading to a vision of $300 billion of electronics production is a real opportunity for India. Industry believes in that and we will support the industry,\" Chandrashekhar said while releasing a vision document and action plan to promote domestic manufacturing.","seolocation":"telecomnews\/india-can-produce-300-billion-worth-of-electronics-by-2025-26-rajeev-chandrashekhar","seolocationalt":"India can produce $300 billion worth of electronics by 2025-26: Rajeev Chandrashekhar","url_seo":"india-can-produce-300-billion-worth-of-electronics-by-2025-26-rajeev-chandrashekhar"},"87457440":{"msid":"87457440","stname":"Lava acquires Panama-based B Mobile to enter Latin American market; inks global licensing deal with Motorola","artsyn":"The acquisition is a part of Lava\u2019s plans for international market expansion. \u201cWe need to improve supply chain costs for Lava and have taken these steps to increase numbers. The moment we get supply chain at a good cost, things will change in terms of competitiveness,\u201d the person said.","seolocation":"telecomnews\/lava-acquires-panama-based-b-mobile-to-enter-latin-american-market-inks-global-licensing-deal-with-motorola","seolocationalt":"Lava acquires Panama-based B Mobile to enter Latin American market; inks global licensing deal with Motorola","url_seo":"lava-acquires-panama-based-b-mobile-to-enter-latin-american-market-inks-global-licensing-deal-with-motorola"},"86604804":{"msid":"86604804","stname":"Lava files DRHP for IPO; plans to raise up to Rs 1500 crore","artsyn":"The Indian handset maker was initially planning to file DRHP by August but the process got delayed because the exit of its Chinese investor took time and it had to re audit its books again, people familiar with the matter said.","seolocation":"telecomnews\/lava-international-files-ipo-papers-with-sebi","seolocationalt":"Lava files DRHP for IPO; plans to raise up to Rs 1500 crore","url_seo":"lava-international-files-ipo-papers-with-sebi"},"86111930":{"msid":"86111930","stname":"Lava International all set for IPO, seek shareholders approval","artsyn":"The company will seek shareholders approval for the initial public offering for up to Rs 2,400 crore, which will consist of an offer for sale by existing shareholders and issuance of fresh equity.","seolocation":"telecomnews\/lava-international-all-set-for-ipo-seek-shareholders-approval","seolocationalt":"Lava International all set for IPO, seek shareholders approval","url_seo":"lava-international-all-set-for-ipo-seek-shareholders-approval"},"85030738":{"msid":"85030738","stname":"Lava plans to launch 5G phone before Diwali, targets 20% share in mobile accessories segment","artsyn":"Indigenous mobile devices company Lava International is planning to come up with its first 5G smartphone, that will be priced below Rs 20,000 apiece, around Diwali, according to a senior company official.","seolocation":"telecomnews\/lava-plans-to-launch-5g-phone-before-diwali-targets-20-pc-share-in-mobile-accessories-segment","seolocationalt":"Lava plans to launch 5G phone before Diwali, targets 20% share in mobile accessories segment","url_seo":"lava-plans-to-launch-5g-phone-before-diwali-targets-20-pc-share-in-mobile-accessories-segment"},"84503146":{"msid":"84503146","stname":"IT minister Chandrasekhar meets electronics manufacturers","artsyn":"Chandrasekhar, who joined PM Narendra Modi\u2019s cabinet this month as the union minister of State for Electronics and IT, discussed ways to make India a globally competitive manufacturing power, he said in a tweet on Saturday.","seolocation":"telecomnews\/it-minister-chandrasekhar-meets-electronics-manufacturers","seolocationalt":"IT minister Chandrasekhar meets electronics manufacturers","url_seo":"it-minister-chandrasekhar-meets-electronics-manufacturers"},"84473526":{"msid":"84473526","stname":"Lava announces Android 11 update for its smartphones","artsyn":"Homegrown smartphone brand Lava International on Friday announced the Android 11 update for its Z2, Z4, Z6 and MyZ triple-camera variant smartphones.","seolocation":"telecomnews\/lava-announces-android-11-update-for-its-smartphones","seolocationalt":"Lava announces Android 11 update for its smartphones","url_seo":"lava-announces-android-11-update-for-its-smartphones"},"84223856":{"msid":"84223856","stname":"Wary of third wave, handset companies play it by ear on fresh hiring","artsyn":"The five-year initial target was to create 200,000 permanent and 300,000 temporary jobs. ICEA represents Apple, iPhone makers Foxconn, Wistron and other manufacturers like Lava, Bhagwati, UTL and Optiemus, among others.","seolocation":"telecomnews\/wary-of-third-wave-handset-companies-play-it-by-ear-on-fresh-hiring","seolocationalt":"Wary of third wave, handset companies play it by ear on fresh hiring","url_seo":"wary-of-third-wave-handset-companies-play-it-by-ear-on-fresh-hiring"},"84170576":{"msid":"84170576","stname":"IT hardware makers seek higher sops under PLI scheme to be globally competitive","artsyn":"India Cellular and Electronics Association of India (ICEA), which represents the likes of HP, Dell, Lenovo, Acer and contract manufacturers Foxconn, Flextronics, Wistron etc, has written to the government last week that we must aim for at least 25% of the global market which stands at $240 billion currently.","seolocation":"telecomnews\/it-hardware-makers-seek-higher-sops-under-pli-scheme-to-be-globally-competitive","seolocationalt":"IT hardware makers seek higher sops under PLI scheme to be globally competitive","url_seo":"it-hardware-makers-seek-higher-sops-under-pli-scheme-to-be-globally-competitive"},"84039500":{"msid":"84039500","stname":"Dell, Wistron, Foxconn, Lava, Dixon, others approved under PLI scheme for IT hardware: Meity","artsyn":"The scheme proposes production linked incentives to boost domestic manufacturing and attract large investments in the value chain of these IT Hardware products.","seolocation":"telecomnews\/dell-wistron-foxconn-lava-dixon-others-approved-under-pli-scheme-for-it-hardware-meity","seolocationalt":"Dell, Wistron, Foxconn, Lava, Dixon, others approved under PLI scheme for IT hardware: Meity","url_seo":"dell-wistron-foxconn-lava-dixon-others-approved-under-pli-scheme-for-it-hardware-meity"},"84032770":{"msid":"84032770","stname":"Pent up demand driving smartphone sector recovery in June","artsyn":"Smartphone sales have increased 10-25% in June as compared to March in most Northern states, whereas South India is almost catching up to 100% revival, according to large distributors and retailers ET spoke to.\u200b","seolocation":"telecomnews\/pent-up-demand-driving-smartphone-sector-recovery-in-june","seolocationalt":"Pent up demand driving smartphone sector recovery in June","url_seo":"pent-up-demand-driving-smartphone-sector-recovery-in-june"}}}}" data-news-images="[{"msid":"86604830","msname":"Lava International files draft papers for its IPO","msnameseo":"lava-international-files-draft-papers-for-its-ipo","mediatype":"1","artdate":"2021-09-28 16:48:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">

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