Lava Technologies Launches New Charger Manufacturing Facility in Noida to Boost Local Production
Lava inaugurates new charger manufacturing facility in Noida, eyes bigger localisation push

Image: Hindustan Times
Lava Technologies inaugurated a new charger manufacturing facility in Noida, Uttar Pradesh, on May 21, aiming to enhance local production and reduce import reliance. The facility, producing nine million components annually, is part of a broader strategy to localize smartphone manufacturing, with plans to invest ₹1,100 crore (approximately $132 million USD) over the next five years.
- 01The new manufacturing unit will produce nearly nine million components annually.
- 02Lava plans to invest ₹1,100 crore (approximately $132 million USD) to expand its domestic operations over the next five years.
- 03The company aims to increase local value addition by 3-5% each year as part of its localization strategy.
- 04Local manufacturing has already reduced charger production costs by nearly 20%, allowing for competitive pricing.
- 05The Uttar Pradesh government will match the Central Government's 50% financial support for electronics component manufacturing projects.
Advertisement
In-Article Ad
Lava Technologies inaugurated its new Component and Charger Manufacturing Unit at its Noida facility on May 21, 2023, marking a significant step in enhancing local manufacturing capabilities. The facility, which will produce approximately nine million components annually, aligns with the government’s Make in India initiative and aims to reduce the company's reliance on imports. Lava's Chief Manufacturing Officer, Sanjeev Agarwal, indicated that this charger manufacturing unit is just the beginning of a larger localization strategy, with plans to invest around ₹1,100 crore (roughly $132 million USD) over the next five years to expand domestic operations. This investment is expected to create nearly 8,500 additional jobs in the region.
The company has already seen financial benefits from local manufacturing, reducing charger production costs by nearly 20%, which supports competitive pricing for consumers. Additionally, the Uttar Pradesh government has committed to matching the Central Government's financial support for electronics projects, further incentivizing local manufacturing. This initiative is part of a broader vision for Uttar Pradesh to establish itself as a hub for technology and electronics manufacturing, including plans for an AI City in Lucknow and a Drone City in Kanpur.
Advertisement
In-Article Ad
The establishment of the new manufacturing facility is expected to strengthen local employment and reduce reliance on imported components, potentially stabilizing smartphone prices for consumers.
Advertisement
In-Article Ad
Reader Poll
Do you support local manufacturing initiatives like Lava's?
Connecting to poll...
Read the original article
Visit the source for the complete story.



