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LED plant in Telengana to provide 2,000 jobs

Posted: 01 Dec 2015     Print Version  Bookmark and Share

Keywords:LED  manufacturing plant  Telengana 

Pune-based Syska LED Lights has partnered with Chinese LED light maker Advanced Optronic Devices to build a LED manufacturing plant in Telengana, a report from Live Mint stated.

A statement from Chief Minister K. Chandrashekar Rao's office said that the 200,000m2 project will have an investment worth Rs.500 crore. It is also expected to generate jobs for approximately 2,000 people.

Syska LED develops LED lighting solutions for indoor, outdoor and industrial segments. On the other hand, Advanced Optronic Devices is a privately held company based in Weifang China. It manufactures LED lighting solutions for commercial, outdoor and industrial applications.

The Chinese company's subsidiary and global sales arm, Advanced Optronic Devices International, is the one responsible for setting up the plant. Its interests range from retail and fruit production to lighting solutions, Live Mint reported.

LED light bulbs have lower operating costs and longer life span, which is why they are being adopted for use in many of India's cities. One good example is the coastal city of Visakhapatnam, which decided to switch to LED for its street lighting after cyclonic storm Hudhud destroyed many of its street light poles in October last year.

In a report by The Hindu, as quoted by Live Mint, B.P. Pandey said the union government plans to do the same thing in at least a hundred cities across the country. Pandey is the additional secretary of the union power ministry.

At a meeting on Monday, representative from both companies submitted their plant proposals to Chief Minister Rao.

The manufacturing plant is expected to be operational by March 2016, Syska Director Rajesh Uttamchandani and Advanced Optronic Devices CEO Pratap Kandamuri told Rao.

As per the new industrial policy, TS-iPASS (Telangana State Industrial Project Approval and Self Certification System), the Telengana government will take care of assigning the land and giving the necessary approvals as soon as possible.

- Stephen Padilla





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