The capital of Indian State Karnataka will initiate its LED bulb scheme from Dec. 11, 2015, according to a report from The Times of India.

Up to 80% of the Chinese companies listed on the Over-the-Counter Bulletin board (OTCBB) reported significant revenue growth as of Aug. 3, 2015, according to LEDinside observations.

In a company statement, Chinese LED manufacturer ETI announced two of its subsidiaries received in total RMB 70 million (US $11.28 million) subsidies from local governments.

To achieve carbon emission reduction goals, China will be turning its focus to strengthening energy efficient and low carbon industries financial support and tax incentives, according to a recent report by Xinhua.com.

This China-LED. Org report gives a comprehensive overview of policy developments in China and the impact these subsidies are having on the industry as a whole. The subsidies drive industry developments, but oversupply is still a big problem. Similar to earlier Chinese reports LEDinside have translated, this one also highlights lack of industry standards hinders industry development.

Nationstar announced the company’s acquirement of two LED manufacturing patents as well as two district government subsidies for subsidiary Foshan Nationstar Optoelectronics totaling RMB 10.24 million (US $1.7 million) in a report on Dec, 12, 2013.