According to foreign media reports, the Indian government in October last year began to promote energy conservation and emissions reduction, strive for replacing the existing 750 million incandescent lamp with LED bulbs. But as a result of the LED manufacturing industry started relatively late, about 240 billion rupees LED bulbs for large flowers in China.
Although compared with the traditional lighting light source, LED lamp cost more, but has its own energy saving, long life and other characteristics. As a result, local firms think that over the next two years India LED the market will tend to be saturated.
It is understood that the order may eventually upgraded to 2 billion energy-saving light bulbs, each calculated at 120 rupees, the contract is expected to total 240 billion rupees.
The all India traders federation (CAIT) secretary-general Said Praveen Khandelwal, Said India LED industry present situation has violated the "made in India" put forward by the prime minister, Mr Modi strategy. Even larger LED manufacturing enterprises are directly imported from China energy-saving light bulbs, do not have required by the market capacity, let alone a small business. "Printing companies will take at least six months to increase production capacity," he added.
Although the government announced a number of preferential policies and measures to boost the LED manufacturing industry, but it is too late. India has a lot of assembly, design and manufacture of LED lighting company, but the LED chip mainly rely on imports.
"LED lighting market in India is still in the early growth stage, the domestic enterprise has not fully grasp the core components of production technology, the next two years, the government will also continue to encourage domestic manufacturing, market growth." India's energy efficiency AjayMathu, director of the bureau said.
The personage inside course of study says, India LED industry over the past five years (2010-2014), the growth of more than 50%, and is expected in the next five years (2015-2019) will remain a growth rate, market scale is expected to top $2.2 billion by 2021.
