Indian handset maker Lava has announced a price increase of up to INR 3,000 on its smartphones effective November 15, 2026. The company attributes the hike to ongoing memory shortages affecting the global supply chain. In an official statement, Lava urged consumers to take advantage of current festive pricing across e-commerce and offline retail channels before the revision takes effect.
While the maximum increase is capped at INR 3,000, the company has not yet disclosed specific price adjustments for individual models. The move reflects broader industry challenges in securing memory components, which continue to impact manufacturing costs for mobile devices in India.
Source: GSMArena · Summarized by HeadlinesBriefing