With the advent of technology and development it is quite apparent that big companies will try to capture their share in contributing to its rise. Philips lighting is following the same trend and has decided to expand its share in the construction of LED street lighting networks in India. Over 30 million traditional street lamps with connectable LED street lights will be replaced after winning a major part of government’s LED distribution scheme, according to a Philips official.
In order to start the street lighting remap the lighting company has manifested many tenders to collaborate with local governments. Sumit Joshi, Vice Chairman and MD of Philips Lighting India, confirmed the company is striding into India’s street lighting space.
LED lighting and illumination has been vigorously promoted through Energy Efficiency Services Ltd., a joint venture under the Ministry of Power by the Indian governement after the start of the Smart City Mission. This is also being done by closely associating with Philips lighting to help out with the conversion plans. According to Joshi the country needs more than 30 million street lights as many parts lack basic level lighting.
Philips Lighting also has intention of tapping into a government scheme Pradhan Mantri Sahaj Bijli Har Ghar Yojana, an electricity distribution project also called Saubhagya. The scheme aims to provide electrical connections to over 40 million households in both rural and urban areas by 2018. Joshi explained, even if EESL is one of Philips Lighting’s biggest clients, the company is also focusing on opportunities outside EESL.
Philips Lighting is also looking to participate in other market segments such as connected lighting, smart home, b2b business, and new office decoration. It is expanding its connected lighting portfolio through the line-up of Hue Smart Lighting System, added Joshi.
