LED Expo New Delhi 2022 Constitutes a Strong Comeback Showcasing the Growing Potential of Indian LED Industry
LED Expo's first post-pandemic edition witnessed an amazing buyer turnout and powerful business activity, becoming a platform to know crucial changes the business environment might witness in a post-pandemic world. The overwhelming business response resulted in over 75% re-bookings for the Mumbai edition in May 2022.
After the cruel phase of global lockdowns, the long-anticipated in-person meetings, live demonstrations, effective face-to-face discussions resulted in the strong business activity in the 22nd edition of LED Expo. Featuring a lot more than 100 brands, the hybrid platform presented an extensive range of over 450 products on display and became an important meeting point for the industry attracting 7,911 on-site visitors over three days.
This year's fair saw a powerful convergence of domestic participants for example ACME Lighting, ALS (Innovative India Illumination), Aastha LED, CITI Lights, GEEP Industries India, Glow Green, Sri JSB Lighting, Lightberry, Hyance Electric, Optiks Mechatronics and Tata Communications, underlining the focus on bolstering domestic supply chains, strengthening domestic distribution networks and industry collaborations for local manufacturing.
Re-affirming the fair's business significance for their product offerings for smart cities, industry giant Tata Communications's Vice President – IoT India, Mr Praveen Arora stated: \”It is a wonderful experience staying at LED Expo. The is growing significantly which is further evolving with increased automation as well as 'LEDfication'. We have our own Make in India, Design in India and Expand in India initiative to which we've built the unit development platform, application platform and we're also building analytics platform to supply meaningful insights for sustainable development in India. The response from the visitors and also the ecosystem over the LED segment, services segment and total solution providers was amazing.\” Tata Communications has built an entire portfolio in smart cities, including smart street light controllers, smart sensors and utilities and the layer of analytics to watch these devices and help in using the right measures.
An exclusive set of 'India Lighting Control System Market (2022-2027)' unveiled by 6Wresearch in the expo indicated that the domestic market is likely to grow at a CAGR of 21.7 percent. Estimated to achieve USD 8.2 billion by 2027, India's LED industry is radiant with opportunities and needs a robust local company ecosystem to support this growth. Among the exhibitors at the show, Mr Aditya Malik, Director – Glow Green Energy Ltd, summarised the importance of LED Expo for that industry: \”LED Expo has given a new beginning to the sunlight industry after COVID. Individuals are eager to explore new innovations and what's new in the market through this exhibition. The visitor response has been enthusiastic and beyond what we had previously expected. Overall, our experience was fantastic.\”
The new express entry registration format for business visitors and added hygiene protocols on-site ensured that exhibitors could focus on business. Going to the show, Mr Mohit Sharma, Sr V . p . – Lighting & Appliance Business, Eveready, stated: \”Kudos towards the team for organising this exhibition! For any raw material supplier, the quality of crowd continues to be good and people are very much excited in the future here. There's also several start-ups and emerging companies on the show floor, which is a really good sign for India and the industry. LED Expo continues to be successful in attracting businesses and the crowd at its venue once again.\”
Connecting its virtual audience through a number of sessions in the virtual LED Summit supported by International Association of Lighting Designers (IALD) and event partner K-LITE Industries, the hybrid platform centered on main reasons of lighting controls in the design process, blue-light hazards in addition to light pollution. While LED technologies are considered to be energy-efficient, increasing energy demands and rapidly declining natural resources require transitioning from a linear to a circular economy within the manufacturing processes that was also addressed during the session on India's readiness to upgrade and reuse, or repurpose and recycle materials and parts when lighting products come to the end of their lifetime.
Targeting the financial centre, the next edition that is scheduled in Mumbai from 19 – 21 May 2022 at Bombay Exhibition Centre will lend further momentum for business-to-business (B2B) collaborations, partnerships and novel ventures for the industry. Over 75% exhibitors' have previously expressed interest or blocked their bookings for the upcoming Mumbai edition, which will target the western and southern regions. The overwhelming response and intense business activity signify a huge demand even in the present market scenario and sector players will be ready to capitalise on domestic opportunities. Mr Sunil Gaikwad, Director & CEO, Geep Industries India Pvt Ltd, said: \”After two years of pandemic, this new edition of LED Expo was necessary. Various kinds of suppliers, OEMs, finished products and solution providers have converged only at that exhibition which makes it extremely valuable for business. Even this season we have generated a lot of leads. We definitely are looking forward to participating at LED Expo once again.\”