Lava supports “Make in India”, shifts from China

By posted on August 11, 2016 8:27PM
Lava IvoryS

As per the Economic Times, the company Lava is going to migrate its manufacturing unit from India to the China. The decision behind this step is the initiative “Make-in-India” made by our PM Mr. Narendra Modi.

As the Lava being the fourth biggest smartphone company in India and making its fourthmost shares in India, the company is going to take this step. The company has a repairing plant currently running in Noida and the company will change this plant to the manufacturing unit with an initial invest of INR 20-30 crores and this plant will be able to manufacture upto 200,000 units per month.

In between this, Hari Om Rai, the Chairman and Managing Director of Lava International said :-

[blockquote]We are just about to finalize six places in three states to accommodate the entire ecosystem around handset manufacturing, one of which will house the company’s plant as well.

The central government is giving 25 percent subsidy and various state governments are offering VAT-free operations, among othersair track tumbling

[/blockquote]

This step will let the user to be free from Vat’s and this will also let the more job opportunities and will let the country’s growth. Some other companies in trans are also going to make this step soon.

Harmesh aka Haps is a geek who tried to keep you update about the latest devices and the upcoming gadgets that will help you to grab the quick info related to the tech world.He also grab the latest knowledge of automobiles randomise daily.

Recently Published Stories

Vivo NEX

Vivo Nex launch confirmed, coming on July 19

Vivo Nex launch is finally out. The phone is launched a few days ago and it is coming with a

JVC XS-XN15

JVC Boombox XS–XN15 bluetooth speakers launched

Today, the Japan-based consumer electronics brand has launched the new JVC Boombox XS-XN15 in India. The device is as funky as

MacOS Mojave Public Beta Review

macOS Mojave Public Beta Review: Should you update?

Today, we are going to do the macOS Mojave Public Beta Review. Apple released this operating system yesterday for the

iOS 8.3 free app download without password

iOS 12 Public Beta Review: Should you update?

Yesterday, Apple rolled out the iOS 12 Public Beta. The developers already got theirs on the launch day, but the

iOS 12 Public Beta

Apple releases iOS 12 Public Beta, check out all features

A few weeks ago, Apple came with World Wide Developer Conference, where they have introduced iOS 12, macOS Mojave, watchOS

macOS Mojave

Top 10 features of macOS Mojave

Apple conducted WWDC, one of the most anticipated Apple events last week and at this mega event, the Cupertino tech