Monday, December 22, 2014: The Light Emitting Diode (LED) market in India has seen a commendable growth during last five years. It has grown over 50 per cent during 2009-10 to 2013-14 and is expected to further sustain its growth rate during next five years at least (2014-15 to 2018-19).
Seeing the growth of LED, government of India has announced a lot of incentives and measures in order to priortise the manufacturing of LED in the country. There are several LED Lamp assembling companies in India which though design and develop LED lamps but import the LED chip elements.
The report highlights the India’s demographic and macroeconomic indicators, government regulations, policy and different kinds of licences and registrations for LED lighting industry, duties and taxes on LED, especially LED lamps, LED industry and the production of LED in India, import and exports of LED, Indian consumer, prices of LED lamps in the Indian market and detail statistics of Indian LED market.