- 08:36 AM Ganeshaspeaks: Market prediction for Nov 11
- 08:34 AM F&O cues: Total Futures Open Int down by Rs 1281 c...
- 08:28 AM Market cues: FIIs net buy $139.4 mn
- 08:26 AM Support for Nifty at 4780-4730: Gaba
- 08:23 AM Nifty likely to witness range of 4940-4830: Bhambw...
- 08:20 AM Asia trading mixed; Hang Seng up, Shanghai Composi...
- 08:08 AM Nifty has support at 4800-4830: Gujral
- 08:02 AM Indian ADRs: Patni down 3.7%, Dr Reddys, Tata Moto...
- 07:59 AM Wall Street ends flat; S&P 500 in red after 6-day ...
- 09:49 PM Global mkts hold key for the next 2-3 sessions



Philips Electronics India, one of the largest electronics companies in
Lighting is responsible for 19% of the world’s electricity consumption, according to the International Energy agency. According to industry sources, In India, the incandescent bulb uses up to 95 percent of the energy to generate heat and only remaining 5 percent to produce light. CFLs use only 20 percent of the energy used by an ordinary light bulb. In
Mr. S. Venkataramani, Head- Lighting Division, Philips Electronics India elaborated on the growth in company’s CFL business. “CFL bulbs which contributed less than 1% to our lighting business last year, now form 20 % of our business. We are committed to ramping up production of CFLs to meet the rising demand in countries like
Philips announced various initiatives that the company has undertaken as part of its commitment to energy efficient lighting. The electronics major is working closely with several state government bodies to spread awareness on the issue. Last year, Philips tied up with Calcutta Port Trust (CPT) for the
“Our goal is to create an ecosystem comprising industry bodies, governments and non-governmental organizations (NGOs) and education institutes to break down the barriers towards adoption of energy efficient lighting. In a first of sorts in the lighting industry in the country, Philips had recently pledged an advertising budget of Rs 20 crores towards awareness building initiatives like ‘Bijli Bachao’ campaign and other educational activities like creating awareness amongst school children. We are also in process of finalizing some energy conservation projects with the Government of India”, added Mr. Venkatramani.
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Today's Special Column
with Ashok Gulati
International Food Policy Research Institute , Director in Asia


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