Toshiba Lighting plans to set up production bases in India

According to Indian media reports, the Japanese manufacturer Toshiba Lighting fixtures for showing keen interest in the Indian market. 

 

GreenStar The company has subsidiaries in India and plans to expand the scale of production and investment in its research and development center. 

 

Toshiba plans within the next five years will cause the LED revenues in India increased to $ 40 million, an increase of 40%. This figure is its current revenue base ($ 4,000,000) of 10 times. 

 

"Our main production base in China and Japan," Toshiba Lighting and Technology Corporation president and chief executive Yoichi Ibi said. "But we also try to India as a production base for the next, it will not only supply the local market, will meet global demand." However, the implementation plan will depend on the actual sales of Toshiba in India.

 

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