New partnership to produce first sub-$15 LED lamp

New partnership to produce first sub-$15 LED lamp | News | Lighting.

Lighting Science Group and Dixon Technologies of India have entered into a partnership to produce the first sub-$15 60-watt equivalent LED lamp.

The lamp, which is the first in a series of products being jointly manufactured and distributed by the two companies, will be available in India at the end of 2011 and will be available worldwide in early 2012. The full line of products will include streetlights, outdoor and industrial light fixtures and retrofit bulbs.

“With India’s peak load electricity deficit expected to increase upwards of 15 per cent in the near-term, the adoption of energy efficient technologies will prove critical in meeting India’s infrastructure needs and demands of continued economic growth. Our partnership with Lighting Science Group will make LED technology available for large scale implementation in the Indian market and we expect to be the market’s leading seller of LED lighting within two years,” said Sunil Vachani, chairman and managing director of Dixon Technologies.

The Indian market for LED lighting is expected to grow $400 million by 2015 (53 per cent per annum) to keep pace with the growing economy, and the country plans to build 80 new coal-fired power stations to keep up with rising electricity demand in the next five years.