led lighting continues to get cheaper
In addition to being easy to maintain, the level of efficiency they offer may drop further.
Prices have fallen by 25 per cent over the past six months.
Sundararajan, president of lighting business group at Bajaj Electric Co. , Ltd. , said although he expected the trend to continue.
In addition to street lighting, changes in LED lighting systems for commercial institutions, offices and industrial units will be more visible.
He added that this decline will be driven more by improvements in component technology than by the large number of businesses contributed by these customers.
However, this will be at some point before the LED becomes affordable for a large number of families, because the difference is still high compared to the price of traditional systems, even after the drop.
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