Indian smartphone brand Lava plans to invest over ₹500 crore in research and development and marketing over the next two years. With a focus on '5G-fying' budget smartphones, the company aims for 100% year-on-year growth. Lava, which saw its revenue triple since its 2020 relaunch, intends to compete with Chinese rivals by enhancing R&D capabilities and brand presence, targeting a 100% growth rate for the next 3-4 years.
Related Keywords
China , Chinese , Sunil Raina , , Lava , Lava International , Lavar Ampd Plans , Lava Growth Plans , Lava Smartphones , Lava Sunil Raina ,
comparemela.com © 2020. All Rights Reserved.