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LEDs in India

 

LEDs are slowly finding their way into the Indian market in the form traffic signal
lightning, LED display panels and other applications. Compared to the large
potential market, the current market players have yet to take advantage of the
opportunity. There therefore exists significant scope for professional and competent
firms to succeed in the market.


For example, MIC Electronics
www.micelectronics.com has recently raised 500 million Indian rupees for its LED lighting expansion activities through an IPO, which was over subscribed several times. THRIVE is extremely well placed to capture a significant share of the LED home light market (MIC Electronics do not have a home light product in the market) given its track record to date.

 

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