Lava Raises Smartphone Prices by Up to ₹3,000 From November 15

Indian handset maker Lava says its smartphone prices will rise by up to ₹3,000 across its portfolio from November 15, 2026. In an official statement, Lava blames ongoing memory shortages for the change. It advises buyers who plan to upgrade to purchase before the increase, while its current models are on festive prices.

What Lava said

In its statement, Lava says that "ongoing memory shortages have necessitated a price revision of up to INR3,000," effective from November 15, 2026. The company did not list individual models or new prices in the statement we reviewed.

Why it matters

The increase follows the memory cost pressure described in our earlier feature, Why Phones Cost More in 2026. Memory chips make up a large part of a phone's parts cost, so rising DRAM and NAND prices reach shoppers as higher price tags.

What buyers can do

• Check the price of the model you want in your store before November 15.
• Compare the storage and memory you need, since a higher price usually applies to the whole range rather than one configuration.
• Look at festive offers and bank deals, but compare the final price rather than the advertised one.