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Is LED bulb business profitable in India?

Is LED bulb business profitable in India?

LED bulbs have an excessive life which is about 50000 to 80000 burning hours. LED goods have great response in local as well as global market LED light Manufacturing is a highly profitable business with substantial capital investment.

What are good LED light companies?

Top 10 Largest LED Lighting Manufacturers in the World

  • Acuity Brands. Founded: 2001.
  • Cree. Founded: 1987.
  • GE Lighting. Founded: 1911.
  • Philips Lighting/Signify. Founded: 1891.
  • Osram. Founded: 1919.
  • Nichia Corporation. Founded: 1956.
  • Seoul Semiconductor. Founded: 1992.
  • Zumtobel Group. Founded: 1950.

Does India manufacture LED lights?

Since its inception, Avni Energy Solutions has committed itself to R&D and excellence in manufacturing. Its product range includes LED lights, fixtures and drivers….Top 10 LED lighting manufacturers in India.

Company Revenue (in Rs, million) FY
Wipro Ltd 335173 FY 2012-13
Crompton Greaves Ltd 65597.7 FY 2011-12
Philips Electronics India Ltd 53971 FY 2012-13

What is the future of LED lighting?

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In the future, the light output of LEDs will continue to increase, enabling mass–market general lighting applications from approx 2016 onwards. Effective general LED solutions to replace incandescent bulbs will appear on the market over the next two to three years, but initially they will be relatively expensive.

How many LED companies are there in India?

It currently has a workforce of around 5500 employees in India. It sells its LED lights under the brand name, Fiem….Top 10 popular LED bulb brands in India.

Top 10 LED bulb brands in India (in alphabetical order)
Brands Companies
7 Pharox NTL Lemnis India Pvt Ltd
8 Philips Philips India Ltd
9 Surya Surya Roshini Ltd