PHILPS lighting CEO how to look at the India market?

According to LiveMint reports, PHILPS lighting CEO Eric Rondolat (CEO) recently in two times a year "key market inspection" during the meeting with India's prime minister Narendra Modi, and the existence of the market in India smart city, intelligent lighting and solar lighting and other business opportunities are discussed.

According to Ronodolat introduction, the purpose of the visit and discussion topics include smart lighting city landmarks, as well as urban and rural areas of solar LED lighting.

PHILPS lighting CEO Eric Rondolat

Ronodolat said that PHILPS lighting market in India up to 90% of the products are made in china. India is also the export channel of 24 countries, PHILPS's manufacturing and design are in the country. In addition, PHILPS in Baroda (Baroda) and (Mohali) has two factories. Baroda factory is currently the world's largest factories, factory is the largest Mohali where one of the factories. The two factories have about 8500 people, are currently in the production of light-emitting diodes (LED).

Ronodolat believes that intelligent lighting, street lighting, indoor retail lighting will be the future of LED technology development. PHILPS intends to launch next week in India PHILPS Hue LED bulbs.

Currently, the India market has become one of the world's five major markets of concern PHILPS. The company has invested a large number of LED technology in these plants, including R & D equipment in two R & D centers around the world. In addition, PHILPS and the government of India in the Prakesh Path project has a close cooperation, the company will launch its lighting products to meet local demand. It is said that so far, PHILPS has received 15 million lamps award.

Prakesh Path project aims to fully implement LED solutions for housing, buildings and cities. If all the lights in India are converted into LED bulbs, then it will save 20 billion watts of electricity throughout the country, which is the country's peak power loss in place of the.

Ronodolat is very optimistic about the future of LED lighting. He believes that by 2020, the poor status of lighting equipment may end. Ronodolat sees LED use as a political issue, not an economic one. Kerosene, wood or candles may cost up to $50, but low income families would rather buy these products than buy a $20 solar LED lamp.

Some of the poorest countries and regions including Africa and India. In India, 400 million people live without electricity, and that's why solar projects are doing well. Ronodolat said: "without the light, the current situation has deprived them of equal opportunities for development in these areas. "

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