Indian LED industry into an continuous growth phase I

<< Go Back Posted By:administrator on Apr 14,2015in Industry News

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Indian LED industry is undergoing huge changes, and low price competition has led to a phenomenon where manufacturers are driven to engineer products at lower prices. Frugal engineering and innovation has driven Indian LED industry into an exponential growth phase.

Now, many companies in India are now buying from their peers and rebranding the products as their own. In fact, there is a LED supply shortage in India these days. However, this has not always been the case.

India had been using LEDs for quite some time, but mostly in niche market applications. Then a period of imports from Chinese LED lighting manufacturers followed. It was not until about 2008-2009 when LED lightingapplications started appearing in more sensible numbers. Emergence of LED tubes for retrofit projects appeared at around 2010, and at the time were mostly found in a small number pilot projects.