Opple Lighting Becomes First Major Chinese Lighting Brand to Enter India Market

News Source: 

Chinese LED lighting manufacturer Opple has announced plans of entering the India market with a wide range of low-priced LED bulbs, according to an article by The EconomicTimes. Opple will become the first major Chinese LED player to enter the local market.

Opple Lighting’s India Chairman S. Venkataramani said the company will be investing between INR 550 million to INR 600 million (US $9.05 million to US $9.87 million) for brand building, distribution, and R&D in the next three years.

The company’s LED bulbs are priced 10 to 15 percent lower than similar products by Philips and Harvells, said Venkataramani.

He projected the share of LED bulbs and luminaires total INR 12 billion in the Indian lighting market, and is projected to grow exponentially from 2 to 3 percent market share in 2014 to 25 percent by 2020.

Opple LED products will be targeting the residential, commercial, outdoor and industrial applications in the Indian market. The company will also establish 30-35 retail stores and 300 shop-in-shops in the Indian market.

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.

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE

Innovative tunable white, mid-power LED enables luminaire manufacturers to improve colour tuning, shrink optics and fixture profiles, while enabling new design options. Nichia, the leader in and inventor of the high-brightness LED, announces i... READ MORE