Lava International Ltd. Restructures Board: Emphasizes Focus on Growth & Expansion
Lava International Ltd. Restructures Board: Emphasizes Focus on Growth & Expansion
New Delhi, 24th May, 2024: Lava International Ltd., the leading homegrown Smartphone brand announced its new board members, aimed at driving company's next phase of growth and innovation.
On the strategic development, Mr. Sunil Raina, Executive Director, Lava International Ltd. said "We are happy to introduce the board members who shall be at the helm of driving the company’s vision and brand’s growth. Their rich industry experience, strategic insights, and passion for Lava will be instrumental for achieving operational excellence and growing its market share. The newly constituted board is a perfect blend of seasoned Lava leadership members, founders, and highly accomplished professionals with diverse backgrounds.”
The board restructuring underscores Lava's dedication to fostering a culture of leadership excellence and corporate governance. Each member embodies Lava’s core values and believes in the vision of building a global tech leader, made in India for the world.
With the new leadership team, Lava aims to capitalize on emerging opportunities, drive innovation, and create sustainable value for all stakeholders.
Board of Directors
- Sunil Raina
- Sanjeev Agarwal
- Shailendra Nath Rai
- Sunil Bhalla
- Vishal Sehgal
- Anupam Shrivastava (Former Chairman and Managing Director of BSNL) – Independent Director
- Ajay Kumar Singh (Lt. General (Retd.) and Former Lt. Governor of Andaman & Nicobar Islands and Puducherry) – Independent Director
About Lava International Limited
#ProudlyIndian l Made in India, Made for India
Lava International Limited, headquartered in Noida, Uttar Pradesh, is a leading Indian mobile handset and technology solutions company, founded in 2009. With a presence in 26 countries globally, Lava envisions to empower consumers with world class ‘Made-in India’ technology products. The company's manufacturing facility based in Noida is equipped to produce 42.52 million handsets per annum. Lava’s commitment to innovation is reflected in its two state-of-the-art research and development centres, housing dedicated teams in software and hardware design. The company's extensive nationwide presence is facilitated by a robust retail network of 1.65 Lakh retailers, directly served by over 800+ distributors, and supported by a vast after-sales service network of 700+ professionally managed service centres.
Beyond smartphones, Lava is expanding its product portfolio to include smartwatches, neckbands, Probuds, and an extended True Wireless Stereo (TWS) segment. Lava has been recognised as the Fastest Growing Smartphone Brand 2023 in the 10k - 20k segment as per the recent Counterpoint data.
