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Tag Archives: LED business in India

Growth in LED reduces profit of traditional lighting players in India

Growth in LED reduces profit of traditional lighting players in India

January 29, 2015: With LED applications increasing significantly in India, it is impacting businesses of companies who are into CFL and florescent lights. Leading lighting player and electrical goods maker Havells India has reported 4% decline in standalone net profit, with the third quarter closing at Rs 116.21 crore while sales rose by 5% to Rs 1,236 crore. On the ...

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NTL Lemnis ventures into LED retail in India

NTL Lemnis ventures into LED retail in India

December 15, 2014: NTL Lemnis is aiming revenue of Rs 500 crore from LED business in India in the next three years. NTL Electronics has a joint venture with Netherlands-based Lemnis Lighting ‘NTL Lemnis‘ that offers a range of lighting products for various sectors like industrial, mining, solar, in India Africa and Europe. NTL?s revenue in FY 2013-14 was Rs ...

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