Lightmaker has no plans for state

Chennai, Oct 28 (IANS) Lighting products and steel pipes manufacturer
Surya Roshni Ltd has no plans to make LED bulbs at its plants in Uttarakhand and Gujarat.

Asked about Surya Roshni's plans of manufacturing LED bulbs at its plants in Uttarakhand and Gujarat, Jaiprakash Agarwal, chairman andmanaging director of Surya Roshni, said: "The market is small to warrant any major investment. All players are currently importing LED bulbs."

Agarwal said it is concentrating on south India where it will set up a manufacturing plant.
"We have good market share in southern India. In order to cut down our
freight costs and expand our presence, we plan to set up a lighting and
steel pipe plant in the region," Agarwal told reporters here on Wednesday.
Declining to specify the investment details, Agarwal said the company
was looking for land somewhere between Tamil Nadu and Karnataka so that
it could serve the two markets.
Surya Global, a 51 percent subsidiary of the Rs.1,750-crore Surya
Roshni, has set up a steel pipe plant in Gujarat which is expected to be
inaugurated next month by Chief Minister Narendra Modi.
According R. Viswanath, assistant general manager of the company, the
overall LED segment size in the country would be around Rs.100 crore.
Earlier, Agarwal launched the company's energy saving T-5 and the T-8
tube lights.
"We are the first in the country to manufacture T-5 lamps. The lamp's
life is 15 years at a price point of Rs.35," he claimed.
--Indo-Asian News Service