India’s share is now nearly 16% of total LEDs sale in the world – up from earlier 0.2%, all thanks to the big push government has made in making India a LED nation (and getting rid of conventional GLS or incandescent bulbs which are power consuming).
As of today, government has distributed 21,25,93,256 LED bulbs, i.e. ~21.26 crores LEDs and on top of that, LED industry has sold 26.3 Crore LEDs (till 31st December, 2016)!
This is something to be really proud of. These initiatives have and should open up avenues for startups to participate in the disruption.
India’s share is now nearly 16% of total LEDs sale in the world from earlier 0.2% pic.twitter.com/j1a7kjACJX
— Piyush Goyal (@PiyushGoyal) February 21, 2017