General

Domestic Phone Brand Lava Doubles Market Share in Feature Phone Market

NewsGram Desk

Domestic phone brand Lava has more than doubled its market share to 13 per cent, becoming the second brand in the country in the 2G feature phone segment.

The brand registered over 100 per cent growth in its market share from 6 per cent to 13 per cent in the first quarter of 2019, according to Counterpoint Research.

In the 2G feature phone segment, Lava was second to Samsung with a difference of only 2 per cent in market share.

The mobile phone supports English, Hindi, Tamil, Bengali, Gujarati and Punjabi. Wikimedia

"Over the years, we have been building capabilities within India in product design and manufacturing — in order to make valuable technologies accessible and provide reliable products to our customers," Sunil Raina, President and Business Head, Lava International Ltd, said in a statement on Tuesday.

He said that Lava is the only brand to have complete end-to-end control on the product value chain within the country.

The domestic brand also became the top feature phone brand in the country in February, according to Cyber Media Research (CMR). (IANS)

Subscribe to our channels on YouTube and WhatsApp 

PM Modi’s GST Reform Historic Diwali Gift to Nation: CM Yogi

Manav Bharti University Fake Degree Scam: One Fraud, 11 Years, Over 36,000 Fake Degrees Sold — How One Private University Earned the Title of 2021’s Biggest Education Scam

FairPoint: From Terror to Taleteller, Yasin Malik's Bid to Whitewash Kashmiri Hindu Genocide, Cleanse Crimes

From Sunrise on September 22, a New Chapter in India's Tax Regime will Begin: PM Modi

‘GST Utsav’ From Tomorrow, will be a 'Festival of Savings' for all Countrymen, Says PM Modi