Lava International on Thursday announced that it has crosses US$ 1 billion (Rs. 6300 crore approx.) in revenue in FY14-15, registering more than 100% growth over last year. Overall smartphone sales witnessed a three-fold growth with 300% increase in volume (YoY), compared to FY 2013-14 said the company. It sold 26 million handsets and recorded group sales of INR 70 billion in FY 14-15. Continue reading “Lava to invest Rs. 1,200 crore for manufacturing”
