LED Expo Makes Strong Comeback Showcasing Potential Of Indian LED Industry
LED Expo’s first post-pandemic edition witnessed a spectacular buyer turnout and strong business activity, becoming a platform to understand crucial changes that the business environment might witness in a post-pandemic world.
After the challenging phase of global lockdowns, the long-anticipated in-person meetings, live demonstrations and effective face-to-face discussions led to the strong business activity at the 22nd edition of LED Expo.
According to the official statement, the event featured more than 100 brands, the hybrid platform presented a comprehensive range of over 450 products on display and became a crucial meeting point for the industry attracting 7,911 on-site visitors over three days.
This year’s fair saw a strong convergence of domestic participants such as ACME Lighting, ALS (Innovative India Illumination), Aastha LED, CITI Lights, GEEP Industries India, Glow Green, Sri JSB Lighting, Lightberry, Hyance Electric, Optiks Mechatronics and Tata Communications, underlining the focus on bolstering domestic supply chains, strengthening domestic distribution networks and industry collaborations for local manufacturing.
Tata Communications’s Vice President – IoT India, Praveen Arora said, “It has been a wonderful experience being at LED Expo. The industry is growing significantly and it is further evolving with more automation as well as ‘LEDfication’. We have our own Make in India, Design in India and Expand in India initiative under which we have built the device development platform, application platform and we are also building analytics platform to provide meaningful insights for sustainable growth in India. The response from the visitors and the ecosystem across the LED segment, services segment and total solution providers was amazing.”
An exclusive report on ‘India Lighting Control System Market (2021-2027)’ unveiled by 6Wresearch at the expo indicated that the domestic industry is expected to grow at a CAGR of 21.7 per cent. Estimated to reach USD 8.2 billion by 2027, India’s LED industry is radiant with opportunities and needs a robust local business ecosystem to support this growth.
Aditya Malik, Director, Glow Green Energy said, “LED Expo has given a new beginning to the lighting industry after COVID. People are eager to explore new innovations and what’s new in the industry through this exhibition. The visitor response has been enthusiastic and far beyond what we had previously expected. Overall, our experience was fantastic.”
Mohit Sharma, Sr Vice President – Lighting & Appliance Business, Eveready, said “Kudos to the team for organising this exhibition! For a raw material supplier, the quality of crowd has been good and people are very much excited to come here. There are also several start-ups and emerging companies on the show floor, which is a really good sign for India and the industry. LED Expo has been successful in attracting businesses and the crowd at its venue once again.”
Sunil Gaikwad, Director & CEO, Geep Industries India said, “After two years of pandemic, this new edition of LED Expo was much needed. Different types of suppliers, OEMs, finished products and solution providers have converged at this exhibition which makes it extremely valuable for business. Even this year we have generated a lot of leads. We definitely are looking forward to participating at LED Expo once again.”
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