India promotes nationwide energy saving. From March on, consumers in Delhi took the lead in receiving subsidies and bought two LED bulbs at a price of 10 rupees (the actual price of LED bulbs in the Indian market is between 350 and 600 rupees). Consumers who use LED bulbs to replace two incandescent bulbs can save about 30 to 40 degrees of electricity per month; each LED bulb can save about Rs 162 per year in electricity costs per consumer. Demand for electricity in Delhi is growing at a rate of 8% to 10% per year. The peak electricity consumption in summer reaches 6200 to 6400 megawatts (MW), but the power generation capacity has not increased significantly, and the new power plant has suffered a sudden drop in power generation due to lack of gas. If the policy is implemented for all power users, Delhi can save 230 million to 250 million kWh per month, which is equivalent to 1% of total electricity consumption.

Indian Prime Minister Narendra Modi also promoted a national energy-saving campaign called "Prakash Path" in the capital, personally replacing a lamp in the Prime Minister's office with a light-emitting diode (LED) bulb. If the South Block of the central government office building is completely replaced with LED lights, it is estimated that 7000 kWh of electricity will be saved each month. Modi also handed over two LED bulbs to the first Delhi citizen who completed the registration yesterday, symbolizing that the energy-saving movement started from Delhi.

India kicks off LED replacement wave, plans to replace street lights 100% nationwide

At the same time, the campaign to push LED homes and LED street lights in 100 cities across India was completed by March 2016. It is expected that 27.5 million street lights will be replaced with LED street lights, which can reduce India's power consumption by more than 5000 megawatts in three years. The demand was raised after the Energy Efficiency Bureau (BEE) conducted a street lamp survey. The survey results showed that 80% of the street lamp installations in India were unqualified. The Indian government has appointed Energy Saving Services Limited (EESL) to raise funds and install LED systems. These street lights will be replaced in stages. EESL has begun to develop qualification specifications for qualified suppliers to ensure good quality LED street lights.

The most promising emerging markets

The Indian LED market will be one of the most promising emerging markets in the global LED market, and it is also a golden opportunity for the LED lighting industry. And with the rapid advancement of urbanization and industrialization in India, the demand for electricity has surged. The Indian government is considering converting traditional lighting systems into environmentally friendly and energy-saving LED lighting systems. India is an area supported by the Ministry of Commerce and the Ministry of Finance, which mainly supports the “SMEs’ ​​Expansion of International Market Funding Subsidies ”. Enterprises can apply for the“ SMEs ’Exploitation of International Market Funding Subsidies”.

Philips is a market leader in the field of lighting, with a market share of over 30%, and has achieved double-digit growth in the past 9 years. The company has been operating in India for 80 years, and its products are sold at more than one million retail outlets. Philips Lighting CEO Eric Rondolat said that 45% of its revenue for the 2017-18 fiscal year will come from the Indian LED market segment.

India's demand for LED products mainly depends on imports, of which 80% of lighting products are imported from China. China has certain advantages in both word-of-mouth and sales channels in India. On April 2nd, the International Semiconductor Lighting Alliance (ISA) held the "Global Seminar on Semiconductor Lighting City Applications" in Frankfurt, Germany. Mr. Gu Shan. Age pointed out that India ’s lighting power consumption accounts for 20% of the entire country ’s power consumption, and the LED lighting market In 2015, it will reach 470 million US dollars.