India government promote LED industry, LED lighting market will continues to expand
2017-12-05
India LED Expo was held in New Delhi, India from November 30th to December 2nd. According to the LEDinside report, the LED lighting market of India in 2016 is 1.14 billion USD, with an annual growth rate of 47.1%, and it is expected to rise to 1.71 billion USD in 2020.
Modi--the Prime Minister of India, also put forward the "smart city plan" in 2016. It is expected that in the next 2 years, 30 million pcs street lights will be installed in India, including replacing the old lamp with new ones and building new street lamps. Everlight has recently succeeded in win an street lights tender in southern India, and will ship over 100 thousands of street lamps in the next years.