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Arun Gupta, MD, NTL Group
Power Watch India
01 Jan 2016

We firmly believe that there is a strong movement towards sustainable solutions in lighting. The current value of LED lighting market in India is Rs 4,000 crore; we are expecting it to reach Rs 21,000 crore by 2020. The consumer segment is already witnessing tremendous growth on the backing of govewrnment initiatives like DELP, etc. According to the DELP website, more than 2 crore LEDs were distributed in India till October 2015 and the government is planning to distribute 77 crore LEDs in the next three years. This mass swcale adoption has been possible only because of the government's focus.

Web Source: http://www.pharoxglobal.com/sites/default/files/PowerWatch-India-January-2016_0.pdf
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