Mar 23, 2017: The Indian LED industry has requested the government to stop its subsidized LED bulb distribution scheme, as, they claim, that the scheme is leading to price distortion and discouraging retailers from selling LED lamps.
Saurabh Kumar, the managing director of the government-run, Energy Efficiency Service Ltd (EESL), has said that these allegations are baseless as the data shows that the scheme is helping the industry to grow at a steady pace.
He said that the LED industry’s perception goes contrary to the facts which shows that there has been a 400% growth in LED sales by industry in the last two years because of EESL’s Unnat Jyoti by Affordable Lamps for All (UJALA) scheme, which played an important role in driving adoption of LED technology.
In 2016, the industry sold 60 million LED bulbs, and in 2017, it is expected to close at 250 million. EESL is committed to a target of selling 770 million LED bulbs by 2018.