India's lighting industry can sustain healthy growth in the long term as urbanization accelerates and demand for energy-saving lighting products increases, Indian media reported.
However, experts believe that the existence of substandard lighting products, which do not meet BIS safety standards for LED products, poses a major threat to the health of the lighting industry.
Sumit Joshi, lighting expert, said: "as these fake products are illegally manufactured and sold, they pose a serious safety risk to consumers in addition to causing a sharp drop in government tax revenues.
"The government needs stronger enforcement mechanisms to enforce these applicable safety standards and intensive market surveillance to address this issue."
Anuj Poddar, executive director of Bajaj Electricals, an Indian electrical equipment manufacturer, says, "one of the most important challenges facing the lighting industry today is having a low barrier to entry.Now, many non-lighting companies or companies without any knowledge of lighting are entering the lighting business.This can mislead customers."
The BIS is understood to be taking the necessary steps to introduce standardisation.However, experts feel that much work remains to be done as the market and technology continue to evolve.Poddar added that "standardization is critical, not only for manufacturers, but also for end customers."
He also argues that relentless competition among competitors has led to falling prices, with many consumers looking at the initial cost of investment rather than the total cost of ownership because of the fragmented lighting market in India.