- SYSKA LED is an Indian Lighting Solutions company, with products ranging from simple led lights to color changing bulbs and to apps that manage energy efficient buildings.
| Founded: | 2012 | | How old is SYSKA LED in 2024? / Age: | 12 years
| | Where was SYSKA LED founded? | Pune, India | | Headquarters: | Pune, Maharashtra, India |
SYSKA LED Net worth 2024 (estimated)
| | How much is SYSKA LED worth? | Under review
| | Nationality: | Indian |
What is SYSKA LED? / Facts
- Simple start - Young company, set up in 2012, they started with simple LED solutions such as bulbs and tubes. As India is a power deficient country, energy consumption is a thing that is growing in importance. Main drive was to provide affordable LED solutions to consumers.
- Value proposition - As they state, comes in the form of unique patented designs, high efficiency solutions, aesthetic appeal, detailed engineering features and availability in affordable prices.
- Innovative - Bringing all the latest solutions into its product, they deliver app controlled led bulbs with color changes and efficient consumption.
- Smart - Addressing a sector that was not served to its full potential, Syska LED managed to become the leader of the market in just 2 years since its setup. They now have around 30% market share in the Indian LED market.
- Korea - Somewhat surprisingly, their main manufacturing plant is located in Korea, although they have some plats in India too. The manufacturing unit is completely automatic.
- Strategy ahead - Syska LED plans to continue investing in R&D, product innovation, expanding the manufacturing bases, widening the distribution channels, strategic product as well as brand marketing.
- Main challenges - As the company states they face harsh competition from Chinese products with "questionable quality", that do not meet the norm specifications. However as new laws are about to be enforced, they hope for a better market dynamic. They opt for fast product introductions and higher feature specifications that are not easy to copy.
- Good paced growth - With 20 branch offices and 1600 sales team, the future looks bright. In Nov 2015, they announced a new $75m plant to be opened in Telangana, offering almost 2000 job opportunities to locals.
- International reach - Expansion plans to Bangladesh, Nepal, Sri Lanka, Middle East and Africa.
Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
What users say about SYSKA LED
- Vaibhav: It's 100% Indian company? (July 09, 2020)
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SYSKA LED Social Media Accounts
Wiki & wealth sources: Wikipedia, TMDb, social media accounts, users content, wealth specialized websites
Last update: 15 June 2020
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