India relaxed restrictions of LED bulbs tender

Indian Prime Minister Modi won last year's general election, promised to fight for investment in power, railways and other construction to improve India's economy, and plans within five years that every family can use the indoor lighting, a move that will open up business opportunities in LED and solar.

Since the Indian government has begun an open tender 20 million LED bulbs will subsidize the purchase of the product within two years of local consumers in the first quarter of 2015, 7W 600lm LED bulbs equivalent has quickly from the original INR230 (about 22.5 yuan ) down to about INR100 (about 9.77 yuan), and now it dropped further to INR80 (about 7.98 yuan).

In addition, India seems to have planned for the next few years, India playing a huge life solid-state lighting market.

Government of India in collaboration with Indian suppliers of lighting suppliers / manufacturers assemble LED bulbs, the government believes that every one or two months of open bidding about two million LED bulbs, so far has purchased about 1 million.

Despite the price cuts it has made successful unprofitable, but LED lighting manufacturers regarded as the gateway to India to participate in the LED lighting market ladder that there is great potential demand in India, which led to increased competition, the sources said .