| |   Management | Member Center | Contact Us RSS facebook google+ twitter linkedin mobile web     CN TW EN

Home > News > Toshiba Lighting to Set Up Manufacturing Base in India
September.22, 2014 - 13:49 — judy.lin
  

Toshiba Lighting to Set Up Manufacturing Base in India

News Source： 
The Economic Times

Toshiba Lighting has been the latest international manufacturer to show interest in the Indian market, according to a report from The Economic Times.

The Japanese manufacturer plans to scale up manufacturing and investing in R&D centers in its subsidiary GreenStar.

Toshiba aims for its LED business in India to reach US $40 million in the next five years, and grow at a rate of 40 percent YoY. That is about 10 times more than its current revenue base of US $4 million in India.

"Our primary manufacturing facilities are in China and Japan,” said Toshiba Lighting
& Technology Corporation President and CEO Yoichi Ibi. “We are also trying to see India as next manufacturing base, not only for the local market but also producing for global needs."

However, it will also depend on actual sales volume in India.

print announcements
Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Jake Dyson Follows Father’s Innovative Spirit in LED Design GPI Becomes Second Largest LED Die Supplier in Taiwan
Related Entries
FEATURED PRODUCTS
LEDs for automotive LCD backlighting
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
LiDAR emitter module
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE
PRESS RELEASE