LED Market The Brightest Spot in a Difficult Economy

Kwality Photonics has put India on the global LED map by setting up an ultra-modern fully-automatic LED plant with a capacity of a billion LEDs per year. The company has high brand equity in the domestic market. Last year LED business in India contributed to 54% of total Lighting sale and it is expected by end of 2017, this will be more than 70%.  This in spite of fact that the industry faced issues like Demonetization, GST, E-waste rules, MEITY CRO scheme etc which disrupted the sales from time to time.