Lava to shift production from China to India in 6 months

In an impetus to Prime Minister Narendra Modis Local ke liye Vocal call, domestic brand Lava on Saturday announced to shift its entire mobile R&D, design and manufacturing for the export market from China to India within next six months, announcing to invest overall nearly ₹800 crore in the due course of time.

Lava exports over 33% of its phones to markets such as Mexico, Africa, Southeast Asia and West Asia.

As part of the transition, Lava will invest around ₹80 crore this year and subsequently around ₹800 crore over the next five years.

The move came after the Indian mobile phone manufacturers gained a significant cost advantage over China from the Production Linked Incentive Scheme (PLI) scheme announced by the government last month, the company said in a statement.