{"id":831828,"date":"2024-07-11T10:35:37","date_gmt":"2024-07-11T05:05:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=831828"},"modified":"2024-07-11T10:35:37","modified_gmt":"2024-07-11T05:05:37","slug":"lava-mulling-spinning-off-manufacturing-arm-into-independent-co","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/11\/lava-mulling-spinning-off-manufacturing-arm-into-independent-co\/","title":{"rendered":"Lava mulling spinning off manufacturing arm into independent co"},"content":{"rendered":"<p>Domestic smartphone brand and contract manufacturer Lava International is considering an option to spin off its production arm into a separate company, which may generate business from other handset brands and help meet targets under the production-linked incentive (PLI) scheme for smartphones.<\/p>\n<p>But the company, which has never been able to meet its PLI smartphone targets since the scheme began in 2020-21, is hopeful of a turnaround in its manufacturing fortunes with the upcoming incentive package for component production, head of manufacturing, Sanjeev Agarwal, told ET.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic smartphone brand and contract manufacturer Lava International is considering an option to spin off its production arm into a separate company, which may generate business from other handset brands and help meet targets under the production-linked incentive (PLI) scheme for smartphones. But the company, which has never been able to meet its PLI smartphone targets since the scheme began in 2020-21, is hopeful of a turnaround in its manufacturing fortunes with the upcoming incentive package for component production, head of manufacturing, Sanjeev Agarwal, told ET.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-831828","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=831828"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831828\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=831828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=831828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=831828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}