2015 January to October, India imports more than $ 431 million LED lighting products from China, an increase of 49.66 percent, India become the sixth largest export market of China for the LED lighting, accounting for about 3% of China’s export share of LED lighting, inferior United States (23.7%), Germany (5.2), Hong Kong (4.5%), the UK (3.6%), Japan (3.4%).
In 2010-2011, India’s LED products are also in contact with the beginning stage, LED lighting products imported from China a smaller scale, about $ 30 million scale. Since 2012 as the global ban replace white LED increasingly rapid pace, the Indian market acceptance of LED products is also increasing, 2012–2013 years was double the growth, especially in India’s national urban LED lighting dramatically Under continue to affect the transformation policy, 2014–2015 Indian market showed explosive growth, an increase of 17 times more than six years. According to the Prime Minister Modi in 2015 to further promote the plan, India’s readiness to achieve 100 cities LED lighting replacement plan in 2019, the next five years of sustained and rapid growth of the Indian market, no doubt.
October 2015, China’s imports from India increased LED lighting products more than 400 million US dollars, is China’s sixth largest export market for India for the first time into the top ten list of China’s export markets. 2010–2011 basically maintained at around 22, 2012 – 2014 was maintained at 15 hovering. India continues to work closely with the LED investment and trade, coupled with India to accelerate LED replacement package, and India will likely surpass Japan to become the fifth largest importer.
According to the first ten months of India’s imports from China LED lighting product point of view, more than half of the Indian passenger buying a ceiling lights, and panel lights. Followed by the light bar lights, approximately 10-13%. The bulb, fluorescent and lights were only 8.6%, 0.8% and 0.7%. After India LED package promotion, it is expected to export these three products will accelerate growth.