Mumbai, April 10, 2016 – Lava International Limited, one of India’s leading players in the mobile handset industry, today announced its association with India’s most successful national cricket team captain Mahendra Singh Dhoni (MS Dhoni), as its brand ambassador. The partnership comes at a time when Lava is at the cusp of its next level of growth with its increasing market share in the Indian mobile handset industry. A recent report by Counterpoint Research based on the Q4 2015 (Oct-Dec) performance of the handset manufacturers’ report mentions Lava International Limited as the fastest growing Indian smartphone brand globally in 2015.
Delighted on the announcement, Solomon Wheeler, Vice President & Head – Marketing & Communication, Lava International Limited said, “This announcement is a milestone in Lava’s growth story. We are very proud and privileged to be associated with MS Dhoni. Lava stands for reliability which stems from integrity, passion for excellence and innovation/adaptability, core values of the organization. M. S. Dhoni epitomizes reliability and Lava Values both as a person and a sportsman. Hence, there was a natural connect between both the great brands which resulted in this association. Bringing him on board, strengthens our resolve to offer trusted and reliable products & services to all our consumers at all times.”
Speaking of his association, Mahendra Singh Dhoni, said, “Lava embodies the values, the ideas and the direction that every Indian brand must take in the 21st century. In a highly competitive mobile handset market, Lava stems out as a brand that differentiates itself through a compelling story, a commitment to stay relevant and high quality products and services. I am very happy to associate with Lava and look forward to working with them closely.”
Founded in 2009, Lava International Limited has become one of the fastest growing mobile handset companies in India. It achieved revenues of USD 1.2 billion in FY 2014-15, registering more than 100% growth over FY 2013-14.
Aligning itself with Government of India’s ‘Make in India’ initiative, Lava has already set up its first manufacturing plant in Noida and plans to invest INR 2615 crore in a phased manner to scale it up to have an annual production capacity of 216 million phones. Recently, Lava was declared as the most trusted smartphone brand in product quality and after sales service amongst all Indian mobile handset brands by Silicon India. The brand also bagged the “Best Customer experience team of the year award” in consumer goods category in 9th Loyalty and Customer Experience Awards conducted by Kamikaze B2B media.
Lava with its robust network of 1115+ distributors and over 1 lakh retailers has also a strong foot hold in the offline channel – as it is the only company to have a single layer distribution model wherein all distributors are directly managed and controlled by Lava. This is unlike most of the other mobile handset players who have a multi-layer super distribution model which leads to lesser control and poses higher risk.
The company also has overseas operations in Thailand, Nepal, Bangladesh, Sri Lanka, Pakistan, Indonesia, Mexico, Middle East and Russia and is the number 1 smartphone brand in Thailand. Lava is the only company in the emerging ecosystem outside of China to have an end to end control on product design, development, testing and manufacturing.
For more information, please visit www.lavamobiles.com
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