Domestic LED export India slumped BIS certification or changed trade mode

Recently, there were media reports that India was the most important Diwali in the year in October 31st, but the wave of social media boycott of Chinese goods has spread over India, and China's lantern lantern lanterns and LED lamps have dropped by 30% to 50% in Mumbai. The reporter to the relevant person engaged in India LED trade to seek evidence to learn that, in its trade, the number of domestic LED exports to India has dropped by nearly 80%. But the main reason is that the India government issued BIS certification to the import of LED in India last year, which was strictly implemented this year, not the result of social media boycott. A India LED trading person said that, based on the above factors, it has begun to change the way in India's LED trade, and the future will be the export of LED parts and high-end LED. BIS certification as a decline in the main cause of public information shows that BIS certification refers to the specific responsible product certification by the India Standard Bureau (TheBureauofIndianStandards, hereinafter referred to as BIS). A India LED trade personage, BIS certification similar to the domestic 3C certification, started in May last year, recently started strictly, so that the domestic BIS certified LED enterprises can not enter the India market. LED lighting company wood Lin Sen (002745) India executive director Lin Yida believes that India before the Lantern Festival does appear to resist China's LED phenomenon, but only a few. At present, some media reports on the changes in the LED sales of the India Diwali, because many are retailing, and the data are difficult to calculate. Lin Yi Da further explained that the number of domestic LED exports to India fell sharply, mainly because the domestic production of LED has not been in line with the corresponding standards, after the strict implementation of the BIS certification, the domestic LED can not enter the India market. Although this requirement is for all LED imported from India, the domestic production of LED occupies the mainstream of the non standard market in the India LED. Guangdong electrical lighting association secretary general Guo Xiu analysis, so far, the instability of the India voltage, resulting in the failure to provide an effective use of LED environment, and India's LED market is more chaotic, very sensitive to the price of LED, the merchant is more valued at the price of LED. And the domestic LED enterprise production meets the standard and does not meet the standard LED, the price difference is about 3 times. This leads to the domestic export to India's LED, which is mostly made by small and medium enterprises in China. However, in addition to the strict implementation of the BIS certification by the government of India, the low price advantages of the domestic production of LED have gradually disappeared. Lin Yi Da introduced, now India domestic production compliance with the specifications of LED, the price has been similar to the price of China's LED, which has weakened the price factors for the purchase of LED consumers in India. Export LED parts and high-end products strictly implement the BIS certification and the disappearance of low price advantages. Although the domestic LED exports to India are hindered, the domestic LED enterprises and traders start to change the way of trade export, based on the huge demand for the future India LED market. Luo Duanxing, the general manager of Zhongshan Hanfeng Lighting Co., Ltd., said that the enterprise has not yet formally entered the LED market in India, but has been paying attention to it and is ready to enter the future. Although BIS certification makes a large number of LED in the country difficult to export to India, but in the way of purchasing LED accessories at home and then assembling in India, the government of India will give enterprises tax rebates and subsidies to give priority to the use of local resources because of the local employment, and the labor cost of the land is far lower than that of the domestic. Guo Xiu introduced, the original many India purchasers to China to purchase LED, mostly in contact with the low end of the LED manufacturing enterprises, but also because those traders who have the role of penetration play a role in which these enterprises occupy the non standard market of the India LED. And those who have successfully converted to high-end LED are difficult to enter the LED market in India because they have not communicated with them. According to the reporter, in the current domestic LED listed companies, only wood (002745, SZ) in India has set up a relatively large scale of factories. Lin Lin, who is in charge of the India market, says that although India's domestic consumption level is low, the future India market has a great demand for LED. Before the government of India called for the replacement of the country's more than 700 million bulb lantern, he wanted to consider directly producing it locally or providing LED semi-finished products. It is precisely because of the current supply of LED and semi-finished products, as the supplier of LED parts, as long as the buyer has BIS certification. A LED trading person in India believes that the future trend of India's LED trade will turn to LED spare parts and provide more professional technical services. In addition, based on the large gap between the rich and poor in India, the trade in high-end LED will be considered in a more subdivided field. However, at present, the LED market in India can only be packaged in LED products. Lin Yi Da introduced that at present, most of the original LED devices imported from India come from China, and there is no production conditions at home in India. Guo Xiu analysis, India's many national industrial parks also come to domestic investment, but India's technology and industry are relatively backward, transportation, logistics and other supporting is not perfect, the sales network is difficult to build, and the domestic has formed a more perfect production line of LED products.