Chinese solar street light companies test the Indian market

December 14, 2022

In recent years, the Indian lighting market has developed rapidly. Among them, the market for incandescent lamps is basically stable, fluorescent lamps are growing steadily, and LED lighting products are in the ascendant. In 2015, India's domestic traditional lighting product market experienced negative growth, while LED lighting products still maintained a certain growth rate and reached 28% of the entire lighting industry market share; in 2016, the Indian LED lighting market reached 1.14 billion US dollars, an annual increase of 47.1 %.

The survey shows that India's lighting sector accounts for about 18% of the entire country's electricity consumption. After taking office, Indian Prime Minister Modi attached great importance to lighting energy saving, hoping to promote LED lighting products to save power consumption, and plans to reduce lighting power consumption to 13% of the national power consumption by 2020. According to the forecast of the Indian Electric Lamps and Components Manufacturers Association, the size of the Indian LED lighting industry will reach 213.6 billion rupees in 2020, or about 20.5 billion yuan.

With market demand and policy support, India's LED lighting market potential is expected. Compared with most countries in the world, India has a large-scale production capacity of lighting products, but a large number of lighting product incoming assembly companies (semi-bulk assembly SKD and full-bulk assembly CKD), the main reason is that India does not With complete industrial chain supporting capabilities, a large number of raw materials, components and semi-finished products in the lighting industry still have to rely on imports, and China is its main source of imports.

According to GSCResearch import and export data monitoring, in 2015, India imported USD 808 million worth of LED lighting products from countries around the world, of which 75.4% came from China, followed by 6.2% from Japan, India was promoted to the 6th export of LED lighting products in China Big market. India's most imported LED lighting categories from China are ceiling lights, panel lights and light strips, with the three types accounting for more than 68%, followed by projection lights, bulbs and downlights.

The total export volume of China's top 10 suppliers of LED lighting products to India reached 170 million US dollars, accounting for 27.9% of the total amount of Chinese LED exports to India. In terms of geographical distribution, the top 10 companies include 4 in Guangzhou, 1 in Shenzhen, 1 in Foshan, 2 in Zhejiang, 1 in Nanjing, and 1 in Changsha. Among them, 6 are from Guangdong, and the export volume of these 6 LED lighting companies to India is 127 million US dollars, accounting for 74.4% of the top 10 companies exported to India.

For China, the LED industry is one of the most promising industries in China's emerging industries, and Guangdong is the most concentrated region of the national LED lighting industry. As of 2016, the scale of enterprises in the LED industry in Guangdong province has reached more than 4,000, driving the relevant employment population of 3 million, and the output value of more than 350 billion yuan.

Currently, Guangdong has four LED industrial clusters in Shenzhen, Huizhou, Zhongshan and Foshan, each of which has its own characteristics. Among them, Shenzhen, as a leader, with the support of local government policies, finances, and technology investments, from upstream substrate materials, epitaxial chips, equipment manufacturing to midstream packaging industry, to downstream applications, the LED industry chain has developed well and the industry has gathered The advantages are obvious. In addition, Shenzhen also brings together a large number of well-funded listed companies, quite powerful companies with brand names, plus advanced technology, convenient logistics, a good innovation environment, and excellent talent gathering ... Many unique advantages give Shenzhen LED industry development prospects Can be expected. And Huizhou, Zhongshan, Foshan, with the support of local government policies and the development of upstream and downstream enterprises, have gradually formed a lighting industry cluster with considerable scale, occupying a place in different lighting market segments.

To help Guangdong lighting companies better develop the Indian market, in May this year, Guangdong Provincial Council for the Promotion of Trade, Zhongshan Municipal Council for the Promotion of International Trade and World Exhibition and New Exhibition Joint Exhibition (Guangzhou) Co., Ltd. jointly organized the 2017 Indian Market (Zhongshan Station) Promotion Conference, The Consul General of the Indian Consulate General in Guangzhou was invited to introduce the background of the Indian market, the trade situation between Guangdong and India, the usage and preferences of lamps and small household appliances in the Indian market, the matters needing attention and certification required for products entering the Indian market, etc. There was no shortage of seats at the conference site, and the participating companies were very successful.

From November 16th to 18th this year, the Guangdong Council for the Promotion of International Trade will also hold the 15th China Commodities (Mumbai, India) Exhibition in India. The exhibition will set up a special Chinese lighting and lighting exhibition area to help more Chinese lighting companies test India. market.

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