India's output value will reach 41 million LED lights


Posted May 6, 2022 by jojo123

With India's rapid advance of urbanization and industrialization, the 2020 LED lighting market capitalization in India will reach one billion,

 
With India's rapid advance of urbanization and industrialization, the 2020 LED lighting market capitalization in India will reach one billion, of which from 2015-to 2020, the LED street light output will reach 41 million.

Subsidies, first, in order to promote the development of the LED industry, the Indian government resorted to two measures, one of which is included in the LED chip factory incentives regulations MSIPS, industry item implementation costs 2 percent refund subsidies, but the initial investment may not be low at $ 50 million, local companies and foreign investment are applicable, aimed at encouraging local build semiconductor plant in India.

Second, the Government of India to promote a household lamp LED lamp replacement program that covers 3.7 million poor families from the beginning of 2015 and will offer grants of Rs 10 each to buy two high-quality LED lights run. In the general market, an energy-saving light bulb is priced at 300-400 lira, while energy-efficient services company India is responsible for providing each lamp 95-125 lira subsidies. green perform https://www.eneltec-led.com/led-high-bay-lights/led-gp-high-bay-lights.html

Third, according to the official policy of preferential market access, government procurement case will provide 5 percent of the number of LED related products to local manufacturers (to enhance product value by 50%), but in order to allow for local manufacture of the LED plant to enter the local market In the tender price and specifications no special offers. best led headlights http://bestledheadlight.com/
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Last Updated May 6, 2022