Lava appoints Sanjeev Agarwal as Chief Manufacturing Officer

Sanjeev brings with him around 24 years of rich experience of working in the operations/manufacturing sector which will help in augmenting Lava's manufacturing capabilities, says company's Chairman and MD

Lava Iris Fuel
Press Trust of India New Delhi
Last Updated : Feb 11 2015 | 3:20 PM IST
Homegrown handset maker Lava has appointed Sanjeev Agarwal as the Chief Manufacturing Officer to spearhead its plan to set up a mobile phone manufacturing unit in India.

Before joining LAVA, Agarwal has worked as Operations Head with Lite-On Mobile and General Manager (Operations) with Moser Baer India, the firm said in a statement.

Agarwal will play a key role in providing fillip to the company's plan of starting a manufacturing unit in India," it added.

Also Read

"Sanjeev brings with him around 24 years of rich experience of working in the operations/manufacturing sector which will help in augmenting Lava's manufacturing capabilities and also focus on starting domestic production of Lava's mobile devices in India," Lava International Chairman and Managing Director Hari Om Rai said.

India, one of the world's fastest growing markets for handsets, is witnessing a growing interest from vendors like Samsung, Lava, Micromax and others to increase their base in the country.

According to research firm IDC, India was the fastest growing smartphone market in the Asia Pacific region in July-September quarter of 2014.

The shipments grew 82% year-on-year to 23.3 million units in the third quarter of last year, while it was higher by 27% on a quarter-on-quarter basis, IDC said in a statement.

Samsung leads the smartphone market in India with 24% share, followed by Micromax (20%), Lava and Karbonn (8% each) and Motorola (5%) in the third quarter of 2014.

The total handset market (feature and smartphone) in India grew 9% to 72.5 million units in the said quarter, while it was higher by 15% q-o-q.

In the overall market, Samsung leads with 16% share, Micromax (14%), Nokia (11%), Lava (10%) and Karbonn (8%).
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 11 2015 | 2:34 PM IST

Next Story