The drive for Made-in-India LED (Light Emitting Diode) bulbs and luminaries is all set to witness a rapid growth with the compulsory registration of electronics products coming to force from August 13, said Philips Lighting Solutions South Asia, CEO, Harsh Chitale.
“Currently, the Indian lighting market is served by hundreds of firms, of which pure players are about a dozen. Rest are all traders and are either outsourcing or importing LED bulbs. With the implementation of BIS, sub-standard and non-certified LED bulbs will make way for the ones designed and produced in India,” he said.
“Though the price of LED bulb appears to be on the higher side, it will come down gradually with increased sales volume. The voltage fluctuation in India ranges from 100v to 330v. The imported bulbs are designed to work between 220v to 270v, and, hence, fail when the surge is high,” he said.
“Even now, 75 per cent of market is occupied by non-conventional LED products such as CFL and incandescent lamps and bulbs. It will take roughly a year to cross the half-way mark. Consumers, companies and government are our clients. Out of the three, the fastest growth is coming from the Government sector, while huge orders are coming from the domestic sector,” he said.
