Lava International Ltd is an Indian mobile handset company with its headquarters in Noida, New Delhi and regional offices across India. Lava's product portfolio includes smartphones, tablets, feature phones and IT accessories. Lava Mobiles was co-founded by Hari Om Rai, Sunil Bhalla, Shailendra Nath Rai and Vishal Sehgal in 2009.
In 2012, microchip maker Intel tied up with Lava International to announce the first Intel powered smart phone under a new brand name XOLO, in India. It is also in 2012 that LAVA also entered the tablet business with E-Tab Z7H. In 2014, Lava launched its flagship Iris Pro 30 smartphone, the first one in the Iris Pro series. The Iris Pro 30 is the most expensive phone in the brand's portfolio currently. Lava Iris X1 was among the first smartphones running Android Kitkat in India. In December 2014, the company launched its first Windows Phone smartphone, Iris Win1.
About Lava Mobile
Lava International was established in the year 2003 and was originally named ’Pacetel Communications’. The company is credited with launching the world’s first Intel chip based smartphone.
Marketing campaigns
Lava joined hands with Interbrand in early 2012, firm to undergo a visual identity change. This exercise gave Lava a new logo, brand & visual identity based on the core thought of ‘Create Possibilities’. For the Iris Pro Series Lava launched the ‘Art Meets Smart’ campaign in 2013. The brand also tied up with KBC and IIFA Awards to promote the Iris Pro Series.
Lava joined hands with Interbrand in early 2012 to undergo a visual identity change. This exercise gave the company a new logo, brand & visual identity based on the core thought of ‘Create Possibilities’. For the financial year of 2014, the company has planned to invest more than Rs. 220 crores for its marketing activities.
Market share and revenue
According to IDC Asia Pacific Quarterly Mobile Phone Tracker 2014, Lava Mobiles has a 8% market share in the Indian mobile phone market. In 2013, the company reported close to 30 billion rupees ($500 million) in turnover and in 2014 they aim to achieve more than $1 billion in revenue. On a monthly basis, the company currently produces about 1.5 million units. Lava Mobiles has also said it expects to doublt revenues from tablets and IT products in FY 2014 from FY 2013.
Lava ranked as India’s 5th most trusted mobile handset brand in the 2014 Brand Trust Report. 2014. The company was ranked as 4th largest smartphone brand in India by IDC.
Research and development
For designing and developing its wide range of products, the company has a complete in-house R&D set-up in China. This facility has produced phones such as Lava ‘Iris Pro 30’ as well as the ‘Fusion App’ which is currently available on the Google play store.
Distribution
In terms of distribution channels, Lava Mobiles has a single-layer distribution model, wherein over 900 distributors pan-India are directly managed and controlled by the company itself.
Target Audience
The target audience that Lava is currently eyeing is the youth, particularly, entry level professionals as well as students. With respect to the target market, the company will focus on tier 1 & tier 2 markets as there is huge potential for growth in the smartphone category. It is also focusing on the rural markets for its feature phone category.