SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 26 Nov, 2015  

piyush.goyal.thumb.jpg LED bulbs' market rates need to be affordable: Goyal

LED.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 26 Nov, 2015
Power Minister Piyush Goyal on Wednesday noted the need for correction of the retail market price of light emitting diode (LED) bulbs and suggested industry look for more innovative retail platforms in order to make it more affordable for the people.

"The world today is looking for the massive roll out of LED programme in India," he said while announcing the milestone of distributing over 3 crore LED bulbs by Energy Efficiency Services Limited (EESL) under the government's Domestic Efficient Lighting Programme (DELP).

Goyal said the success of the programme will strengthen India's stand at the forthcoming climate change talks at Paris and will present India as a responsible nation.

At an event here earlier this year, Goyal had urged the lighting industry to correct the market price of LED, saying there cannot be a situation where the government procures LED bulbs at Rs.72 per unit and the market continues to price it very high.

Stressing the government stands committed to making the LED a way of life in India, he said that it will completely replace all incandescent bulbs with LED lights in the next three years.

"This will provide a huge business opportunity to the lighting industry. I hope some of the players can also now start manufacturing LED lights and not just assemble," he said.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter