LED market in India continued hot, Philips What are the new moves?

According to Indian media reports, a top executive at Philips Lighting said that after receiving a large part of the Indian government's LED distribution plan, Philips is looking for opportunities to participate in India's project of converting more than 30 million street lights into LEDs. The company is working with local municipal authorities to participate in the bidding for converting traditional lighting to LED systems.

Sumit Joshi, Vice Chairman of Philips Lighting India, said: "This is a great opportunity for us and we are also a leader in this area."

The Indian government encourages local agencies to adopt LEDs to save energy through Energy Efficiency Services Ltd. (EESL).

He added, "The numbers are different, and people say about 30 million street lights, but in my opinion that number is bigger because there are not many street lights in India and so more are needed Street light. "

In addition, Philips Lighting is also focusing on India's power supply plan (Pradhan Mantri Sahaj Bijli Har Ghar Yojana also known as Saubhagya), which aims to provide electricity to more than 40 million homes in rural and urban areas by 2018.

However, Joshi did not say how much revenue such a government bid would contribute.

Joshi said, "At EESL, we are leading the bidding process but have a lot of business outside of EESL. Other business has grown." "EESL is one of our largest customers."

According to him, with the rise of consumer homes, connected lighting, B2B businesses and new offices, there are many activities in these areas.

Philips Lighting also expanded its connected lighting portfolio with "Hue Intelligent Lighting Systems" and recently opened a global remote operations center in Banjar.

He said: "In India, the journey has just begun, and LED adoption is rising in the business as technology companies want to bring value to their workforces and energy savings."

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