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Lava to invest ₹1,100 cr to expand components biz
Financial Express Chennai
|May 22, 2026
MOVE TO GENERATE 8,500 JOBS, DEEPEN LOCAL VALUE ADDITION
HOME-GROWN MOBILE phone manufacturer Lava International plans to invest ₹1,100 crore over the next five years to expand its electronics components business, a move expected to generate 8,500 jobs and deepen local value addition in smartphone manufacturing.
The company will manufacture key smartphone components such as display modules, camera modules, multilayer printed circuit boards (PCBs) and enclosures in India as part of its localisation strategy, senior executives said on Thursday.
Esta historia es de la edición May 22, 2026 de Financial Express Chennai.
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