By BizLED Bureau
Dec 2, 2015: Chinese LED light maker Advanced Optronic Devices and Syska LED Lights will together set up a LED manufacturing plant in Indian state of Telangana. The plant will be set up by the Chinese firm?s subsidiary and international sales arm Advanced Optronic Devices International Inc., which has interests ranging from retail and fruit production to lighting solutions, and Syska LED that makes LED lighting solutions for indoor, outdoor and industrial segments.
Rajesh Uttamchandani, director of Syska, and Pratap Kandamuri, chief executive officer of Advanced Optronic Devices said that the plant will be operational in March 2016.
As a result of the lower operating costs, LED bulbs have become quite popular and are being adopted by households and government?s urban planning bodies to light up India?s cities. The Union government of India plans to replicate this model in 100 cities across the country. This plant by Advanced Optronic Devices and Syska LED Lights is likely to be operational as early as March 2016.
Spread over 50 acres, the project will entail an investment of Rs.5000 million and is expected to provide about 2,000 jobs.
An official government statement said that the Telangana government will allocate land and provide necessary approvals at the earliest in line with its new industrial policy–Telangana State Industrial Project Approval and Self Certification System (TS-iPASS).