Advanced Optronic Devices, Syska to set up Rs500 crore LED plant in Telangana

Hyderabad: Chinese LED light maker Advanced Optronic Devices (China) Co. Ltd. and Pune-based Syska LED Lights Pvt. Ltd. will together set up a LED manufacturing plant in Telangana.

Spread across 50 acres, the project will entail an investment of ₹ 500 crore and is expected to provide jobs for 2,000 people, a statement from the chief minister K. Chandrashekar Rao’s office said on Monday.

The plant will be set up by the Chinese firm’s subsidiary and international sales arm Advanced Optronic Devices International Inc. Part of SSK Group, which has interests ranging from retail and fruit production to lighting solutions, Syska LED makes LED lighting solutions for indoor, outdoor and industrial segments.

Based in Weifang, China, privately-held Advanced Optronic Devices is a leading LED light manufacturer of commercial, outdoor and industrial LED lighting applications.

LED bulbs also have a greater life span. As a result of the lower operating costs, they are being adopted by households and government’s urban planning bodies to light up India’s cities. The coastal city of Visakhapatnam replaced its street lighting with LED bulbs after a massive cyclonic storm Hudhud uprooted street light poles in October last year.

The union government plans to replicate this model in 100 cities across the country, B.P. Pandey, additional secretary of the union power ministry said in August, according to a report in The Hindu newspaper.

Representatives of Syska LED and Advanced Optronic Devices submitted their proposals for the plant to chief minister Rao at a meeting on Monday.

Rajesh Uttamchandani, director of Syska, and Pratap Kandamuri, chief executive officer of Advanced Optronic Devices told the chief minister that the plant is likely to be operational as early as March.

The Telangana government will allocate land and provide necessary approvals at the earliest in line with its new industrial policy, TS-iPASS (Telangana State Industrial Project Approval and Self Certification System), the government statement added.