In a move to expand product availability and speed time-to-market of LED lighting, LED maker Philips Lumileds of San Jose, CA, USA has signed a global distribution agreement with Delhi-based Key Operation & Electrocomponents Pvt. Ltd (KORE), enabling immediate access to Lumileds' application-specific LEDs in India.
Founded in 2008 and part of LED component distributor Ramakrishna Electro Components Group, KORE is a distributor, manufacturer and supplier of LED lighting systems and accessories as well as LED lamps to India.
"LED lighting is just beginning to take off in India. But we expect remarkable growth in this market over the next several years, in both commercial and off-grid applications," says Lumileds' CEO Pierre-Yves Lesaicherre. "KORE personnel will have full access to the products, services and people at Philips Lumileds," he adds.?
"KORE is known for its experienced sales team, outstanding engineering support and large customer base in India providing innate synergies for both of us to partner," reckons KORE's director Praveen Mahajan.
"KORE is now able to provide their customer base with access to the world's most comprehensive portfolio of application-specific LED solutions," adds Satish Luthra, director of KORE's REC Group.
