Lava International has said that it expects to end the current fiscal with revenue of Rs 10 billion.
S.N. Rai, co-founder and director, Lava International said, “We are expecting revenue of Rs 10 billion during this financial year. Lava will launch Android-based smartphones and 3G tablets within a few months. Our focus will remain on enhancing our research and development capability.?
He added that the company was planning to expand business in Africa and tapping new markets like Peru and Chile.
Elaborating on the company’s focus on research and development, Rai said that company had already filed two patents and many more were in the pipeline.
