General Awareness

April 04, 2017 @ 01:15 PM

April 04, 2017 @ 01:15 PM

K. J. Somaiya Institute of Management Studies and Research, Mumbai

9 Easy Steps to register for SIMSR (Infographic)

Download Now

Lightening Market in India

Dreaming for bright career is the first priority of a young student and rightly so; you have taken a right decision to do MBA but you are expected to know and understand or at least have some idea of different markets.
 
This general awareness article on Lightening market in India will help you in WAT/Essay/GD and PI also.
 
Looking at the industry in India that has been taking place it seems that Lightning industry India has shown a considerable improvement besides it has also been proved as one of the best service providing field that a customer enjoys at a great deal. Looking at the success rate which this industry has been making yup these days, it seems that more growth is expected in the coming few years.
 
There has been tremendous development with regards to the lighting fixtures production and consumption. The lighting industry in India has become advanced form past few years. The Indian lighting industry is growing at nearly 17-18% per annum. There have been the right distribution channels and prices in the Indian lighting industry that are provided. The share markets and the sales are that play role in major lighting fixtures companies of India. The lighting industry in India is divided in different fixtures like commercial, residential, industrial lighting and outdoor lightning. It is also divided by source of light like LED, fluorescence and fiber optics
 
Know the features
 
• The lighting industry deals in both exports and imports by segments of lightening
 
• The industry has been providing the customers with the best of these services at a great value
 
• There are Indian lighting which is being highlighted such as exhibitions, trade associations and magazines. 
 
• There are nearly 150 plus addresses of manufacturers of lighting fixtures who are part of this industry in India
 
• The company has been introducing many different advantageous predicts such as outdoor, indoor lighting, commercial, decorative, technical, transitional, projectors lighting at great value.
 
Some concerns are associated too
 
Lighting industry in India commonly faces some rough weather on project sales. The industry faced a tough time to project the sales as they half expected. It was a challenge for the industry to offer the consumer a reasonable growth. LEDs are expected to be the next choice due to sustainable solutions in lighting. As the trend of LED is going to rule the market, it seems that more stress is given on the particular product which proves out to be a burden. 
 
All incandescent bulbs and fluorescent lamps which ruled one day would soon be fading away in the Indian lighting industry as the approach is made towards LED. Lighting the percentage of home buyers for LEDs in India is not as high as it was expected earlier. There is a fall in the demand for FTL lights segment when the demand for the CFL high wattage lights increased.
 
Although lighting industry has done tremendous improvement but it seems that company is still facing up some troubleshooting issues with regards to balancing the price and introducing the new products in the market, in Indian market as compared to the other counters, the response here for any new product is quite slow at the aging. Due to which the expected profit from LED is not much received by the country as it was expected. Thus has got the company in the critical situation for certain amount of loss that is being faced.
 
 
 
Stay informed, Stay ahead and stay inspired with MBA Rendezvous

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
NIRMA
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 15th December 2017 ( With Late Fee )
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
Institute of Public Enterprise
Last Date to Apply for IPE, Hyderabad is 31st December 2017
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
MDI Murshidabad
Applications for PGPM 2018-20 at MDI Murshidabad are open
img

Admission Open Now

Following Colleges are accepting applications.

INTERNATIONAL MANAGEMENT INSTITUTE

Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online