Lava International Limited
TypePrivate
ISININE745X01014
Industry
Founded2009 (2009)
Founders
  • Hari Om Rai
  • Sunil Bhalla
  • Shailendra Nath Rai
  • Vishal Sehgal[1]
HeadquartersNoida, Uttar Pradesh, India
Area served
Worldwide
Products
Services
RevenueIncrease ₹5,524 crore (US$690 million) (2021)[2]
Number of employees
30,000+ (2023)[3]
SubsidiariesXolo
Websitelavamobiles.com

Lava International Ltd (stylized as LΛVΛ) is an Indian multinational technology company that manufactures smartphones, laptops, computer hardware and consumer electronics. It was founded in 2009 by Hari Om Rai, Sunil Bhalla, Shailendra Nath Rai and Vishal Sehgal[1] as an offshoot of a telecommunication venture. It is headquartered in Noida,[4] and has operations in a number of countries.[5]

Structure

Lava is headquartered in Noida, Uttar Pradesh, India. The company maintains 6 offices and 3 manufacturing and service facilities throughout India.

Lava has a single-layer distribution model, wherein more than 900 distributors across India are directly managed and controlled by the company.[6] Lava is also present in several countries like Thailand, Sri Lanka, Middle East, Bangladesh, Indonesia and Nepal.[7]

Research and development

For designing and developing its products, Lava has set up research and development facilities in India and abroad, with particular investment in India after the Government's Make in India and Atmanirbhar Bharat initiatives.[8]

Market share

The company held a market share of 13.4% in the feature phone segment in India in the financial year 2021.[9]

Products

  • Agni 5G was officially released on November 9, 2021.[10]
  • The Blaze series was released on November 15, 2022. The official lineup included Blaze 5G, Blaze Pro and Blaze NXT.[11]
  • Lava Agni 2 5G ‘Out Of Stock’ As Soon As Sale Began, Once Again Broke Record!

Awards and honours

Lava received an award from the Government of Uttar Pradesh in July 2017 for hiring the most number of apprentices in the state. The company hired 710 apprentices from Uttar Pradesh in 2016 in keeping with the guidelines laid down in the Apprenticeship Act, 1961.[12]

See also

References

  1. 1 2 Mitra, Sounak (5 January 2015). "Lava hits sweet spot in smartphones". Business Standard India. Retrieved 11 November 2017.
  2. ↑ "One in every ten feature phone user in India uses Lava, and it is now going to the public to raise money" (Press release). India: businessinsider. 30 September 2021. Archived from the original on 18 November 2021. Retrieved 2 February 2022.
  3. ↑ "About Lava Company". Techs Genie. 27 May 2023.
  4. ↑ "Lava International Limited: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 22 December 2017.
  5. ↑ Goliya, Kshitiz (2 September 2016). "Lava eyes Africa as India gets competitive". Livemint. Retrieved 30 October 2017.
  6. ↑ says, Genesis (23 May 2014). "We have deep dived into consumer needs, preferences and usage behavior :- Mr.Hari Om Rai, Chairman & Managing Director, Lava International Limited".
  7. ↑ "About LAVA– Indian Mobile Phone Company, Smartphone Manufacturer in India". www.lavamobiles.com. Retrieved 29 October 2021.
  8. ↑ "Lava 'Design in India' Challenge Begins With Cash Reward of Rs 50,000". News18. 20 August 2021. Retrieved 17 June 2022.
  9. ↑ "One in every ten feature phone user in India uses Lava, and it is now going to the public to raise money". Business Insider. Retrieved 29 October 2021.
  10. ↑ "Lava Mobiles".
  11. ↑ "Lava Blaze 5g | Best 5G Android Mobiles - Lava Mobiles".
  12. ↑ IANS (27 July 2017). "Lava honoured for hiring most apprentices from UP". Business Standard India. Retrieved 11 November 2017.
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