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Philips CEO targets the Indian LED lighting market
According to LiveMint, Philips Lighting CEO Eric Rondolat recently met with Indian Prime Minister Narendra Modi during a biannual key market inspection and discussed opportunities in the Indian market for smart cities, smart lighting and solar lighting. Discussed. According to Ronodolat, the purpose and discussion topics of the visit mainly include intelligent lighting of urban landmarks and solar LED lighting in urban and rural areas. According to Ronodolat, up to 90% of Philips Lighting's products in the Indian market are made in China. India is also the export gateway for 24 countries, and Philips manufactures and designs in the country. In addition, Philips has two major plants in Baroda and Mohali. The Vadodara plant is currently the largest plant in the world and the Mohari plant is one of the largest. The two factories have about 8,500 people and are currently producing light-emitting diodes (LEDs). Ronodolat believes that smart lighting, street lighting, and indoor retail lighting will be the future development of LED technology. Philips plans to launch Philips Hue LED bulbs in the Indian market next week. At present, the Indian market has become one of the top five global markets that Philips is concerned about. The company has invested in a large number of LED technologies in these plants, including R&D equipment in two R&D centers around the world. In addition, Philips and the Indian government have a close cooperation on the Prakesh Path project, the company will launch its lighting products to meet local needs. It is said that so far, Philips has received 15 million lamps and lanterns. The Prakesh Path project is designed to fully implement LED solutions in housing, buildings and cities. If all of India's lamps are 100% converted into LED bulbs, it will save 20 billion watts of electricity in the country, which is the country's peak power loss. Ronodolat is very optimistic about the future of LED lighting. He believes that by 2020, the current situation of poor lighting equipment may end. Ronodolat sees the underutilization of LEDs more as a political issue than an economic one. Kerosene, wood or candles can cost as much as $50, but low-income families prefer to buy these products instead of buying solar LED lights that cost only $20. Some of the poorest lighting countries and regions include Africa and India. In India, 400 million people live without a grid, which is why solar projects are doing well. Ronodolat said: The absence of light has deprived these regions of equal opportunities for development.