Overview
- Lava inaugurated a new component and charger manufacturing unit at its Noida plant and announced a ₹1,100 crore investment plan to expand component production over five years, the company said on May 21.
- The company has begun making chargers designed in India using mostly local parts and says those chargers cost about 20% less than the units it used previously.
- Lava plans to add domestic production of camera modules, display modules, enclosures and multilayer printed circuit boards and has submitted a proposal to the Centre under the Electronics Components Manufacturing Scheme for incentive support.
- Executives project the expansion could create roughly 8,500 jobs and increase annual component output, but key figures such as the company’s cited phone capacity vary across reports and remain company provided rather than independently verified.
- The push fits broader Make in India goals and Uttar Pradesh’s effort to build Noida as a mobile manufacturing hub, a state minister said, with the move aiming to lower costs, improve quality control and reduce dependence on imported parts.