Indian brand that makes in China
Year Established: 2009
Headquarters: Noida, India
Parent: Lava International Limited
Lava International Limited is another mobile brand from India that has operations in multiple countries across the world. The company competed in the budget smartphone and feature phone segment along with companies like Micromax and Karbonn. Over the years, the company slowly fizzled out from the market and failed to make a comeback. Apart from India, the company also has a presence in countries like Thailand, Nepal, Bangladesh, Sri Lanka, Indonesia, Mexico, the Middle East, Pakistan, Russia and Egypt.
Although they call themselves Indian, Lava imports most of its mobiles from China as fully built units. Even the company’s R&D centre is located in China. Lava has acted upon the ‘Make in India’ initiative and has pledged to invest INR 800 crores over the next five years. There’s a long time until we see a Lava mobile phone that’s completely sourced and built in India, and until that happens, please look away.
Chinese Presence in Top Management: no
Nationality of Chairman/CEO: Indian
Nationality of Top 3 Shareholders: Indian
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