Lava

LAVA to Setup Handset Manufactruing Facility in Tirupati

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LAVA to setup its second handset manufacturing facility in Tirupati after Noida, it has plansto invest INR 5 billion for this facility. Prime Minister Narendra Modi had laid foundation stone for a mobile handset manufacturing facility in Tirupati, Andra Pradesh.

“The manufacturing plant, which will be operational in 2017, will target production capacity of five million phones a month once fully functional. Lava will invest Rs 500 crore for this facility that will be set up over 20 acres of land allotted by the government,” company’s International Chief Manufacturing Officer Sanjeev Agarwal said. Read more

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