Usha plans foray in LED lighting products segment

The Rs 220-crore Usha Shriram Ltd, plans to enter the LED lighting products segment. It proposes to import such lighting products from Europe and market them under its own brandname.

Usha Shriram's mission is to position its LED portfolio in the consumer segment and launch them at more compelling rates than the compact fluorescent lamp (CFL) range. LED lighting products are more energy efficient than CFL items.

Usha Shriram assistant vice president S. S. Sandhu said LED lighting products will be launched in 2009-10. They are studying the market and talking to LED lighting product makers across Europe to import and market them under their brandname.

Mr Sandhu noted LED products are largely used in the commercial segment. But they plan to price them in a manner to position them as an alternative to CFL.

The LED lighting product market is still at a nascent stage in India. As per industry estimates, its share is some 2-3% in the Rs 5,000 crore Indian lighting industry. Usha Shriram entered the lighting business two years ago as a future growth driver with CFL products. The company's primary revenue source is still small appliances like water purifier, juicer, mixer and water heaters.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Tokushima, Japan - 6 March 2024: Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LED, has started mass production of the new UV-B (308nm) and UV-A (330nm) LEDs in its popular 434 Series packa... READ MORE

New XLamp® S Line LEDs enhance growth, last longer, lower energy costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high efficacy and long lifetimes. Whether you are interested... READ MORE