The Indian government intends to slash LED bulb retail prices from the average retail price of INR 300 (US $4.52) to INR 44 (US$ 0.66) under its DELP scheme, reported Times of India. "The government is looking to bring down the price of ...
Tags: LED bulbs, retail price, Indian market, DELP scheme
The LED market has shown mixed results in different global regions recently. Stagnant LED shipment growth, and plunging sapphire substrate prices have brought related manufacturers operations under the market lime light. Market sources ...
Tags: sapphire industry, restructure, LED market
Indian government policies are spurring a nationwide LED streetlight upgrade, but parts of Mangalore, Karnataka remain in the dark leading to higher crime rates, as disputes between government organizations over what lighting to install in ...
Tags: streetlights, Indian LED market, crime rates
UBS forecasted oversupply situation in the LED industry will continue into 2016, while sliding LED prices will nullify growing shipment volume advantages, according to a Chinese-language Commercial Times report. These projected market ...
Tags: Epistar, Everlight, UBS ratings
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
Nudie has introduced a new range of yoghurts made from fermented coconut milk instead of cow’s milk. The new products are claimed to be dairy-free, gluten-free, ‘low in sugar’ and ‘contain no additives’. ...
Tags: Nudie, yoghurts, dairy products
Global woes drag crude prices, as demand continues to decline in China Retail fuel prices will be lowered slightly from Wednesday to better reflect the global fall in crude prices and the glut in the market, the nation's top economic ...
Tags: Gasoline Price, Crude Prices
Earlier in May, American electric car maker Tesla Motors Inc. made a splash in the energy sector when it revealed a new type of lithium battery packs for home and enterprise applications. Tesla touted its new line of energy storage systems, ...
Tags: electric car, Tesla, Lithium Battery
SunRice has launched a new range of ready-to-eat snacks called ‘SunRice Street Snacks’. The new products are inspired by street food from across the world. Street Snacks come in a foil pouch placed in a takeaway style box ...
Tags: Street Snacks Product, SunRice, snacks
The National Development and Reform Commission, the nation's top economic planner, said on Monday that retail prices of gasoline would be cut by 110 yuan ($17.78) a metric ton, or 0.08 yuan a liter from Tuesday, while diesel prices would ...
Small brands with turnovers of Rs 10 crore to Rs 25 crore and mid brands with turnovers of Rs 25 crore to Rs 100 crore were affected by low sentiments, reveals the Clothing Manufacturers’ Association of India (CMAI’s) Apparel ...
Tags: Clothing Manufacturers, Apparel
The NDRC said the increase followed gains in international oil prices due to a tense geo-political situation in the Middle East and a weakening dollar.China has a pricing regime which adjusts domestic fuel prices when international crude ...
April average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market increased by 23.4% on month to CNY35.9 (US$5.8), while that for 9W models (equivalent to 60W incandescent ones) decreased by 1.8% to ...
China will lift price controls on most medicines starting from June 1, the country's economic planner said on Tuesday. Medicine prices will be decided by the market, said the National Development and Reform Commission (NDRC) in an online ...
Tags: price controls, Medicine prices
China may raise retail oil prices for a second time this month as a new window for adjusting gasoline and diesel prices opens on Friday, Gasoline and diesel retail prices are likely to be raised by more than 300 yuan (49 U.S. dollars) per ...
Tags: oil prices, gasoline