India's LED Lighting Market Size and Forecast (2025-2033) | UnivDatos

According to the UnivDatos, rising disposable incomes, government programs like UJALA and SLNP promoting LED adoption, rising consumer awareness of energy savings, lower LED prices, and increasing infrastructure development in Tier II and Tier III cities drive the India LED Lighting Market. As per their “India LED Lighting Market” report, the Indian market was valued at USD ~4,532.13 million in 2024, growing at a CAGR of about 14.50% during the forecast period from 2025 - 2033 to reach USD million by 2033.

India’s market for LED lighting is growing quickly due to increased focus on energy efficiency and help from government efforts. While the industry grows, a few important players are guiding new ideas and expanding the market. Companies are leading the way with strong quality, low prices, and eco-friendly approaches. This article introduces the best-performing LED lighting companies that are transforming India’s lighting sector.

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1.    Havells Lighting (Havells India Ltd.)

Havells India Limited, a fast-moving electrical goods company, manufactures, trades in, and sells various consumer electrical and electronic products in India and internationally. The company operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. It offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, switchgear, circuit breakers, and starters; lighting products; and home appliances comprising air conditioners, LED televisions, washing machines, refrigerators, air coolers and purifiers, appliances, personal grooming products, and water heaters and purifiers. It also provides flexible, power, control, and fire survival cables; fans comprising ceiling, table, pedestal, wall, ceiling mounting, personal, and domestic exhaust fans; centrifugal, mono block, submersible, borewell and sewage submersible, pressure, and shallow well jet pumps; dishwashers; air circulators; and heavy-duty exhaust fans. It offers its products under the Havells, Lloyd, Havells Crabtree, REO, and Havells Studio brands. The company exports its products to approximately 70 countries. Havells India Limited was founded in 1958 and is based in Noida, India.

2.    Wipro Lighting (Wipro Enterprises (P) Limited)

Wipro Enterprises Private Limited, through its subsidiaries, provides personal care products and hydraulic engineering solutions. It offers lighting solutions and office furniture, and hydraulic solutions for a range of applications, including aerospace and defense solutions, and water and wastewater treatment solutions for industrial applications. The company also provides personal wash products, soaps, toiletries, personal care products, baby care products, wellness products, electrical wire devices, domestic and commercial lighting products, and modular office furniture. In addition, it specializes in the design and manufacture of custom built hydraulic cylinders (double acting, single acting and telescopic), actuators, and precision engineered components for infrastructure and related industries, such as construction and earthmoving, material/cargo handling and forestry, truck hydraulics, farm and agriculture, mining, and aerospace and defense. The company provides its products in Africa, China, Hong Kong, India, Indonesia, Malaysia, the Middle East, Singapore, Taiwan, Thailand, the United Kingdom, Vietnam, and internationally. Wipro Enterprises Limited was formerly known as Azim Premji Custodial Services Private Limited and changed its name to Wipro Enterprises Private Limited in April 2013. The company was incorporated in 2010 and is based in Bengaluru, India. It has R&D facilities in India and Malaysia.

3.    Bajaj Electricals Limited (Bajaj Group)

Bajaj Electricals Limited engages in the consumer durables; and engineering, procurement, and construction businesses in India. The company operates through Consumer Products and Lighting Solutions segments. It also offers breakfast appliances comprises juicer, electric kettle, pop-up toaster, and sandwich makers. In addition, the company provides cooking appliances consisting of electric cooker, gas stove, induction cooker, microwave oven, pressure cookers, pans, tavas, and OTG ovens. Further, it offers mixer grinder, hand blender, food processor, chopper, and wet grinders; room heater, air cooler, irons, and water heater. Additionally, the company provides fans and lighting, as well as engages in generation of wind energy business. Bajaj Electricals Limited operates retail outlets. The company exports its products to Sri Lanka, Bangladesh, Singapore, Myanmar, Mauritius, Nigeria, Ethiopia, Uganda, Ghana, Tanzania, Madagascar, Kenya, Egypt, the United Arab Emirates, Oman, Bahrain, Iraq, Jordan, and other countries. Bajaj Electricals Limited was formerly known as Radio Lamp Works Limited and changed its name to Bajaj Electricals Limited in October 1960. The company was incorporated in 1938 and is based in Mumbai, India.

4.    Crompton Greaves Consumer Electricals Limited

Crompton Greaves Consumer Electricals Limited manufactures and markets consumer electrical products in India. The company operates in two segments, Electrical Consumer Durables and Lighting Products. It offers fans, including ceiling, table, pedestal, wall-mounted, ventilating, kitchen tower, exhaust, and industrial fans; pumps comprising residential, agricultural, solar, and specialty pumps; and home appliances, such as air coolers, smart plugs; oil filled, heat, halogen, quartz, and ceramic heaters; personal, tower, window, and desert coolers; storage, instant, immersion rods, and gas water heaters; room heaters; fabric care; dry and steam irons; and OTG, air fryer, induction cooktop, rice cooker, sandwich maker, pop-up toaster, and electric kettle products. The company provides cooking, brewing, chimneys, food preparation, hobs, free-standing and built-in dishwashers, built-in microwaves and ovens, and built-in and tablet hobs. In addition, the company provides lighting products comprising LED bulbs and battens; night, color, candle, backup, and high-wattage lamps; table lamps; ceiling lights; and conventional lamps. Crompton Greaves Consumer Electricals Limited was incorporated in 2015 and is based in Mumbai, India.     

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5.    Surya Roshni Ltd

Surya Roshni Limited manufactures and markets steel pipes and tubes, lighting products, fans, home appliances, and PVC pipes in India. It operates through Steel Pipe and Strips; and Lighting and Consumer Durables segments. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation, plumbing, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes: CR strips; hollow section pipes; spiral welded pipes; etc. It also provides various LED lamps; downlighters; street lights; and battens and luminaires, Smart LED lighting; and value-added offerings, such as colour changers, smart lighting, auto-dimming, app-based lights, COB downlights, track spot lights, power track, LED strips lights, radar LED lamp, and wall washer LED; and indoor commercial, industrial, roadway, flood, landscape, façade, accessories, hid lamps, light sources, and solar lightening products. It exports its products to various countries, including the United States, Australia, Canada, Mexico, the Middle East, Europe, Africa, and internationally. Surya Roshni Limited was incorporated in 1973 and is headquartered in New Delhi, India.

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