LED Lighting Market in India to Grow at 30% Till 2021 - Energy Watch News


LED Lighting Market in India to Grow at 30% Till 2021

According to TechSci Research report. Rising government initiatives, increasing awareness among customers regarding lower power consumption of LED lighting products, and innovative product offerings to drive LED lighting sales through 2021. Being the second most populous country and fifth major electricity consumer, India has been witnessing widening electricity demand-supply gap. Consequently, usage of energy efficient products such as LED lighting products is expected to grow in the coming years. Moreover, rising government support and introduction of innovative LED lighting products by manufacturers has resulted in reduction in prices of these products, thereby offering consumers with more options to choose from, according to their needs and preferences. http://bizled.co.in/led-lighting-market-in-india-to-grow-at-30-till-2021/

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