Monday, December 08, 2014: LED Expo 2014 has begun in New Delhi gathering 200 companies which will showcase their products at the event. The main motto of all the participants is to focus on lighting solutions with high quality and competitive pricing in the Indian market.
The exhibition is a three-day event which has been organised by Messe Frankfurt and companies from Chine, Taiwan, Finland and Korea are participating in the event. Other than the foreign companies, several Indian companies are also taking part in the expo, including Donex Industries, FIEM Industries, Hublit Lighting and Sigma Lighting Industries. According to Messe Frankfurt Trade Fairs India MD, Raj Manek, LED lighting has huge potential in the Indian market but the market has not been explored to the fullest yet. This expo is likely to fill this gap by tapping the potential factors of the market.
Manek has also told that the fair is expected to grow by 20 to 30 per cent next year and more foreign delegates will be asked to take part in the event so that domestic products get more exposure in front of the global counterparts. LED lighting is a better electricity solution as it consumes 15 per cent lesser energy and also reduces emission of CO2 by 50 per cent. As per Bureau of Energy Efficiency’s energy economist, Sandeep Garg, people usually think about the watt of the bulb while purchasing one but now its luminousness also has to be considered. LED lights last longer, cutting costs and saving energy.
Government of India is also taking initiatives in promoting LED lights throughout the country and usage of these lights is supposed to grow in government buildings across the nation. Director of Ministry of Urban Development, Parmod Kumar, has revealed that the government is keen to increase usage of LED lighting and has taken significant steps to promote the same. State governments and municipal offices have also been requested to replace conventional street lights with LED lights and also use more LED lights across government offices and buildings. He has explained that this will not only contribute to increase luminousness of the buildings but the government will also pay lesser electricity bills.