The shift towards renewable energy and the demand for energy efficiency has pushed the market towards more efficient products such as light emitting diodes (LEDs). LED technology has been globally recognised as extremely efficient and ecofriendly in comparison to the incandescent lamps (ICLs) and fluorescent lamps (FTLs/CFLs). With the entry of LEDs, the Indian lighting market has become more buoyant.
LED lamps and luminaires exhibit the strongest growth trends among all lighting technologies. According to Frost & Sullivan, the Indian lighting market is expected to grow at a CAGR of 45.5 per cent till 2015, and by 2021, LED technology will penetrate 57 per cent of the lighting market in India. The growth in revenue can be attributed to the increased use of LEDs in streetlight applications and the steady demand from the railways sector, which constituted over 60 per cent of the total demand in 2010. Recognising the benefits of this technology, the Bureau of Energy Efficiency (BEE) is working with lighting associations to define standards, and is testing protocols and certifying parameters for different lighting applications. Star rating labels are being made mandatory for luminaires/lamps for indoor commercial and outdoor lighting applications.
In the light of this vibrant and dynamic LED lighting market, Electronics Bazaar has attempted to rank the leading LED commercial and industrial lighting players (manufacturers and distributors) based on their revenue, which was verified from the website of the Ministry of Corporate Affairs (MCA), Government of India.
Since some firms’ revenue figures for the FY 2010-11 were not available, we were compelled to rank them on the basis of their revenue during FY 2009-10. Some other companies could not be included as their revenue figures for even the FY 2009-10 were not available. A few major companies have been excluded from the ranking as the revenue for their LED lighting divisions was not available.
Disclaimer: While the Electronics Bazaar editorial team has taken the utmost care to contact all possible sources to make the list of the ‘Top LED Players’ comprehensive, we may have inadvertently left out a few companies from this list.
|1||MIC Electronics Ltd|
|2||Reiz Electrocontrols Pvt Ltd|
|4||Abby Lighting & Switchgear Ltd|
|5||Binay Opto Electronics Pvt Ltd|
|6||REI Electronics Pvt Ltd|
|7||Avni Energy Solutions Pvt Ltd|
|8||Alien Energy Pvt Ltd|
|9||Kwality Photonics Pvt Ltd|
|10||Promptec Renewable Energy Solutions Pvt Ltd|
Note: Profiles of all the companies participating in the rank have been procured from their respective websites.
MIC Electronics Ltd
Annual Revenue (2009-10) Rs 2339.3 million
MIC Electronics Ltd has been a global leader in the design, development and manufacture of LED video displays, high-end electronics and telecommunication equipment, and in the development of telecom software since 1988. It is an ISO 9001: 2008 certified, and has made its mark in the highly dynamic domains of LED video, graphics and text displays, LED lighting solutions, embedded systems and telecom software, and in communication and electronics products.
Its flagship products have become an integral part of sports stadiums, transportation hubs, digital theatres, theme parks, advertisements and public information displays. Headquartered in Hyderabad, it has a nationwide presence with a vast network of marketing, sales and service support centres in all the metros of India. To meet the demand for its products worldwide, it has offices in Australia, Korea and USA. Now the company is gradually setting up operations in other international markets.
Contact details: A-4/II, Electronics Complex, Kushaiguda, ECIL Post, Hyderabad 500062; Ph: +91-40-2712 2222; Fax: +91-40-2713 3333; [email protected]; www.micelectronics.com
Reiz Electrocontrols Pvt Ltd
Annual Revenue (2010-11) Rs 111.3 million
REIZ is a specialist manufacturer of energy saving intelligent luminaires that are powered by sophisticated electronic control gear. Its innovative product development programme, coupled with its attention to operating details and its ability to provide customers with an outstanding level of professional service, has resulted in the company developing an excellent reputation and a solid market position in India.
REIZ lays special emphasis on high purity aluminium anodised reflectors, apart from the use of the highest quality of materials to achieve energy efficiency and long life. Computer aided design is used extensively to simulate reflector designs, luminaire designs and electronic circuit designs. It conforms to the highest safety standards of CE with respect to the use of fire retardant materials, the strain relief for connections, insulation checks, thermal cutouts, etc. It manufactures both the electronic control gear and the light fittings, thus ensuring a seamlessly combined product for the customer. It follows the systematic procedures of ISO 9001. It exports lighting solutions to quality conscious markets in Sri Lanka, Maldives, Mauritius, Kuwait and Dubai.
Contact details: D-118, Panchsheel Enclave, New Delhi 110017; [email protected], www.reizindia.com
Annual Revenue (2010-11) Rs 109 million
Instapower, a TUV certified ISO 9001 and 14001 organisation, is promoted by an alumnus of IIT Delhi. It is recognised as an R&D house by the Department of Scientific and Industrial Research, Government of India. The Bureau of Energy Efficiency recognises it as an energy service company (ESCO) organisation.
With two manufacturing units equipped with state-of-the-art manufacturing and testing equipment, it employs over 200 people. It manufactures over 100 products, has filed over 10 product patents and has over 30 design patents in the area of LED lighting.
It is the largest manufacturer of LED aviation obstruction lights in India and has over 100,000 aviation lights installed across the globe. It has a range of aviation products that are approved by ICAO (Canada), the Airports Authority of India and the Department of Civil Aviation, Malaysia. Its products are also being exported to over 30 countries in Africa, South East Asia, Middle East and South America, besides the UK, USA and Australia.
Contact details: Plot No 457 Phase V, Udyog Vihar, Gurgaon 122001; Ph: +91-124-4124000; Fax: +91-124-4124034; www.instapower.com
Abby Lighting & Switchgear Ltd
Annual Revenue (2010-11) Rs 68.6 million
Abby Lighting is a manufacturer and supplier of professional lighting systems. Its focus on the manufacturing and retail markets enables it to produce cost effective products, designed specifically for today’s lighting environment. Its aim is to enable its customers to design and provide better lighting concepts, ensure the implementation is done as per the agreed standards, manage the project and control costs.
Abby’s ability to manufacture precision light fixtures and their optical controllers begins with a complete understanding of its customers’ requirements. The company takes full responsibility for its customers’ needs. From prototype development through to delivery, its experienced production team is always on the cutting edge of the manufacturing process and ready to respond to the most demanding manufacturing applications. The company complies to all the specifications and standards prescribed. It has been certified as an ISO 9001:2000 company.
Contact details: 401/2/3, Orbit Industrial Estate, Opp Tangent, Chincholi Bunder Road, Malad (West), Mumbai 400064; Ph: 022-40038030/6574 2080; Fax: +91-22-40038033; [email protected]/[email protected]; www.abbylighting.com
Binay Opto Electronics Pvt Ltd
Annual Revenue (2009-10) Rs 61.3 million
Binay Opto Electronics Private Ltd has been a pioneer in the field of LED illumination in India and in the world market for the last 30 years. Under the able direction of its technical adviser, Kumar K Rohatgi, the firm has invented many LED lighting products and has many patents to its credit.
Since the early 1950s and 60s, Binay Opto has been engaged in the indigenous manufacture of filament indication bulbs. It has developed many types of filament indication bulbs as replacements for the bulbs that were then being imported. The fact that the company is an experienced filament lamp manufacturer makes it even more qualified to develop a solidstate LED replacement. The company has always invented new techniques for lighting solutions.
REI Electronics Pvt Ltd
Annual Revenue (2010-11) Rs 56 million
REI Electronics Pvt Ltd, which was established in 1986, is an electronic manufacturing services (EMS) company providing end to end electronic and electro-mechanical solutions to OEM customers from prototype to production, including turnkey and consignment manufacturing, as well as consulting services.
The company also manufactures energy saving LED lighting products such as streetlights, parking lot lights, industrial lights, office lights, billboard lights and garden lights, catering to both local and international markets for the last 25 years. REI’s energy efficient LED-based lighting solutions help in conserving up to 75 per cent of the energy consumed using traditional incandescent or CFL lights. The company is lead by domain experts like S Ramaswamy—MD, Neela Ramaswamy—director, Sandy Rekhi—CEO, P Piragalathan—VP, R & D and Janardhana Sharma—VP Marketing.
Contact details: +91 821 4001800; Fax: +91 821 4282224; [email protected]
Avni Energy Solutions Pvt Ltd
Annual Revenue (2009-10) Rs 50 million
Avni Energy Solutions Pvt Ltd is an ISO 9001:2000 certified manufacturer of LED based lighting products with its in-house design and manufacturing facilities located at Bengaluru.
The company manufactures LED lights for indoor purposes, for which its range includes bulbs, tubelights, high baylights, down lights. Its products for outdoor applications include street lights, flood lights, garden lights and high mast lights. It has integrated LED lights with solar energy and offers solar energy products like emergency lanterns, home lights and street lights. The company is a technology partner for TERI for its ‘LaBL programme’.
It has installed more than 10,000 streetlights in more than 10 municipal corporations across India and has implemented indoor installations in various MNCs across India.
Contact details: 39/5, 8th Cross, Govardhan garden, Opp Delhi Public School, JC Industrial Area, Near Kanakapura Road Metro, Bengaluru 560 062 Ph: 9845009399; 080-26860337; [email protected]
Alien Energy Pvt Ltd
Annual Revenue (2010-11) Rs 33.9 million
Akash Jain, director
The Alien Group of Companies (AGC) is headed by an alumnus of IIT, Roorkee. AGC is the leader in energy efficiency measures and in manufacturing energy efficient products. Alien Energy operates in the sectors of energy efficiency, energy audits, luminaries, lighting electronics, automotive and special lighting with an energy saving potential of up to 70 per cent. AGC has manufactured Energy Saving System products for more than 15 years and has catered to more than 5000 customers.
Alien Energy has been consistently working with industry bodies such as ELCOMA, ISLE, BEE, MNRE, ISI and with NGOs to address India’s power crisis by promoting energy efficient lighting in India. The company provides advanced energy efficient solutions for all segments—streetlights, office and industrial lighting, hospital and home lights. It also manufactures LED lights and always aims to make the best quality products using LED technology.
Contact details: 28, Rishabh Vihar, Karkardooma, Delhi 110092; Ph: +91-11-22372828, 22373565; Fax: +91-11-22375994; [email protected]; www.alienenergy.in
Kwality Photonics Pvt Ltd
Annual Revenue (2010-11) Rs 33.1 million
Kwality Photonics has been a pioneer in LED manufacturing since the past 24 years. It is an ISO9001- 2008 compliant company, and enjoys the highest brand equity in India. Kwality Photonics keeps pace with the latest in global lumen efficiencies in PolyWa power LEDs range by offering high output LEDs of 200 lumen and above at 700 mA with tight binning at sub-40 rupee prices. The company has introduced the latest innovation for solidstate street lighting in the form of its PolyWa OVAL LED range. Kwality also offers its streetlight LED module, Ledmo, which comes with on-board constant current control for every single LED. The company has attained the highest standards in the industry due to its vibrant and active ISO 9000 quality management system and Kaizen quality movement. Several processes for TPM and Six Sigma are also practiced by the company. It provides a wide range of products to meet the custom requirements of industrial users by developing special lightbars and pilot lamps as filament-lamp-retrofits that result in reduced costs, improved power saving and aesthetics for its customers.
Contact details: 29, Electronics Complex, Kushaiguda, Hyderabad 500062; Ph: 040-27123555/ 27136252; Fax: 040-27124762; [email protected], www.kwalityindia.com
Promptec Renewable Energy Solutions Pvt Ltd
Annual Revenue (2009-10) Rs 32.1 million
Promptec Renewable is leading player in the LED and solar lighting and power domain. It manufactures electronic components for solar power generation, LED lighting and other renewable energy hardware.
It has been in the renewable energy field since early 1994 and has developed innovative products and components in this field. Promptec has developed a strong team of experts who contribute to the development of new products in this space. The company has been developing new ideas and products in the field of energy conversion, charging and integrating efficiently with luminous products. They have a huge clientele spread all over India and also overseas.
In the LED area, Promptec has developed drivers that are efficient and have 15-20 per cent more functionality compared to leading drivers in the global market. It supplies and installs complete LED lighting systems. Supported by test facilities and guidance from subject matter experts and engineers from Promptec has developed some of the world’s leading products in the LED category.
Contact details: Shibra Farms, Nagasandra Main Road, Near 8th Mile, Tumkur Road, Bengaluru 560 073; Ph: +91 9686198165/67; www.promptec.in; [email protected]
|The following companies could not be included in the ranking as the revenue for their LED divisions were not available.|
|Company||Consolidated revenue for FY 2009-10 (which includes LED lighting) in Rs million|
|Philips Electronics India Ltd||37,638|
|Moser Baer India Ltd||27602.5|
|Havells India Ltd||25928.2|
|C&S Electric Ltd||6397.8|
|Surya Roshni Ltd||6014.1|
|Osram India Pvt Ltd||3660.1|
|Other key players|
(The names are in alphabetical order)
By Richa Chakravarty