In-depth analysis of Indian LED lighting market

With mature of LED tube light and other household and commercial LED lighting applications, emerging markets accelerate the introduction of LED lighting. Tammie Nadu, India announced that it would replace 200,000 incandescent with LED tube light in 2013, while the international lighting giant Philips, Panasonic other companies specializing in LED tube light and other household and commercial LED light making efforts to get into the Indian market in 2013 have shown the potential of the Indian LED lighting market, LE Dinside team exclusively interviewed with India De Core Nanosemiconductors CEO Deepak Loomba, bringing readers the Indian lighting market overview.

Indian market overview

Speaking Indian lighting market, Deepak Loomba pointed out that the Indian LED lighting market size is about $ 100 million in 2012, but the proportion of the overall lighting market in India is still not high, only about 3-5 %, take the LED tube light and other home lighting market for example, which are based on the new consumers, users already using CFL ‘s intention converting to LED tube light and other LED home lighting products is low.

Deepak Loomba said the growing strength of LED lighting market mainly from government projects in India, such as the replacement of LED street light，the orders from the government accounts for 51 % of the total orders of commercial LED lighting. On the other hand, downlights and other non- domestic and industrial lighting also has accelerated the import of  LED tube light and other household and commercial LED light source .

The Indian government resorted to two measures to promote the development of LED tube light and other household and commercial LED lighting industry, one of which is to conclude the LED chip factory (fab) into the award regulations of MSIPS (Modified Special Incentive Package Scheme), industry can acquire 20% of the refund subsidies of eligible costs of building, but the initial investment is not less than $ 50 million, which are applicable to local and foreign manufacturers devoted to LED tube light and other household and commercial LED lighting and aims to encourage building semiconductor fab in India .Browsing http://www.ledclan.com for more information about LED tube light.

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