Top 10 Lighting Companies In India
Philips electronics india ltd.
Top 10 lighting companies in india. You have known this brand since you were a child. India with its policies and initiatives for the led lighting companies in india is helping to lead the global led. This makes it the most value for money led bulb in india. A few major companies have been excluded from the ranking as the revenue for their led lighting divisions was not available.
Companies like signify osram havells etc has far dominance in this indigenous market. Shop now ge is one of the most popular and reputed companies in the world with a range of products that have been in existence since. Top 10 led lighting players in india. The ever increasing demand for high quality led light has encouraged many lighting manufacturers in india to enter this industry.
With a two years warranty these bulbs come with an exceeding high life where they last for up to 25000 hours. It is one of the most trusted and relied upon. Though the led lighting industry in india is expected to touch a turnover of 1 3 billion by 2018 a cagr of 47 3 per cent between 2011 and 2018 none of the indigenous manufacturers of led lighting seem to be benefiting from this growth this clearly indicates that the demand is being met either through imports or by the mncs. Friday december 19 2014.
India s led market is forecast to reach 1457 8 million by 2019 at a cagr of 35 9 per cent during the period 2014 2019. The market share of leds globally today is worth a billion dollar market with led lighting companies from india taking a worth chunk from it. We are once again ranking the top led lighting manufacturers in india and are pleased to observe that the performance of many of the players has been quite impressive in 2011 12 as compared to their last year s performances. Our ranking is based on the revenues of the companies in 2011 12 and 2010 11 for some firms.
By richa chakravarty and srabani sen. Saturday december 28 2013. In fact a lot of companies are currently offering a wide range of led lighting products that are immensely efficient and eco friendly when compared to standard incandescent lamps icls and fluorescent lamps ftls cfls. In this article we take a look at the top 10 led lighting companies in india.
20 most promising led lighting companies 2018. Philips is a dutch brand but it considers india to be its biggest market as far as led lights are concerned. Some other companies could not be included as their revenue figures for even the fy 2009 10 were not available. The most popular products and brands of itc are major cigarette brands of india such as wills navy cut gold flake bristol and food brands include aashirvaad salt yippee sunfeast biscuits and personal care products like savlon soap and mangaldeep brand of agarbattis.
And there was light. Government initiatives to replace incandescent bulbs with led bulbs the increasing energy demand supply gap and declining prices are the factors driving the growth of led lighting in india.