India Led Lighting Market Opportunity And Forecast 2022-2027
Submitted by prachiti sharma | January 27, 2023, 11:51:14 | Business
It is anticipated to grow at a CAGR of about 3.58% between FY 2022 and FY 2027, reaching INR 281.57 Bn by FY 2027. As of FY 2021, 367.80 million units of LED lights were sold in the country. With a growing rate of electricity usage, demand for an environmentally sustainable and cost-effective lighting solution is also gaining momentum. Thus, LED lighting has begun dominating the general lighting market of India tremendously in recent years.
Source: https://www.bharatbook.com/report/1393850/led-lighting-market-in-india
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