NTL Electronics India Limited has a good harvest with sales of 3.05 million LED lamps for the period July 2011 to June 2012, following 2 million LED lamps sales till June 2012. "In our new company, NTL Lemnis, we have a renewed focus on LED lighting. Globally, LEDs are fast replacing any other form of lighting and we are convinced that it will be the same for India shortly", says Mr. Arun Gupta, MD, NTL Electronics India Ltd. and Global CEO, NTL Lemnis BV. NTL Lemnis is the JV of NTL Electronics India with Lemnis of N...

Recently, NTL Electronics India Limited, the Rs. 550 Cr (US$ 110 million) Lighting Electronics major from India, has announced sales of 2.19 million LED lamps for the annual year 2011-2012.   According to the company, the sales came in not from a whole year of operation but from manufacturing LED bulbs for 9 months during the period. The LED market is expected to grow manifold over years, so the growth for NTL Electronics is also going to be exponential. Therefore, the company garnered over 5% of the total sales of LED lamps globally. NTL Ele...