India Lighting Market Forecasts 2026-2031 with Signify, Bajaj Electricals, Havells, Syska LED, Crompton, Surya Roshni, Orient Electric, and Wipro Dominating the $5.12 Billion Industry
The Indian lighting market is poised for stable growth, driven by urbanization, infrastructure expansion, and energy-efficient solutions demand. Key opportunities lie in LED adoption, supported by government initiatives like UJALA, and smart city projects. The growth in smart and IoT lighting also presents significant potential. The Indian lighting market is poised for stable growth, driven by urbanization, infrastructure expansion, and energy-efficient solutions demand. Key opportunities lie in LED adoption, supported by government initiatives like UJALA, and smart city projects. The growth in smart and IoT lighting also presents significant potential.