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Lighting Science Group, Dixon join hands for LED business

EM NEWS BUREAU ,  Thursday, September 22, 2011, 17:50 Hrs  [IST]

Untitled - 5.jpgNoida-based Dixon Technologies is joining hands with the US-based Lighting Science Group, the world's leading LED company, for manufacturing and marketing a large scale LED products in India.

Both the companies jointly plan to set up a facility to manufacture light-emitting diode (LED) lighting products of Lighting Science Group for the domestic market. The facility will manufacture 65w sub-$15 omnidirectional street, industrial, outdoor and domestic lamps. This unit is estimated to cost up to Rs.jpg50 crore and will be operational by January 2012.

The lamps will utilize up to 85 per cent reduced electricity than the current compact fluorescent lamps (CFL) used in India for their long life and high efficiency. But the mercury present in the CFL makes the disposal of them complicated. LED lights have no polluting substances in them and they even consume 35 per cent less electricity than CFL lamps.

Untitled - 4.jpgThe Indian lighting market, estimated at Rs.jpg225 crore last year, is expected to grow to Rs.jpg2,000 crore by 2015. "As India undergoes an infrastructure transformation in the next few years, the country has an unprecedented opportunity to leapfrog the rest of the world by becoming an early, largescale adopter of LED technology," said Jim Haworth, chairman and chief executive officer of Lighting Science Group, in a release.

Dixon Technologies is a manufacturer of electronic products like DVD players, set-top-boxes, televisions and mobile for several brands such as Toshiba, Dish TV, LG and Philips. The productions of its new facility will initially be focused on institutional and street lighting segments, and then gradually will cover all domestic lighting segments.
 
                 
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