NTL to double capacity, set up eighth plant for LED products.

With compact fluorescent lamps (CFLs) being replaced by light emitting diode (LED) technology globally, NTL Lemnis, leading manufacturer of LED lighting solutions in India, is all set to double its production capacity to 10 lakh pieces each month in 2014-15.

Set up in April 2012, NTL Lemnis, an Indo-Dutch joint venture company between the Noida-based NTL Electronics India Ltd. and Lemnis Lighting, The Netherlands, designs, manufactures and sells energy-efficient LED lighting solutions in the Indian and global markets.

NTL Electronics has so far invested Rs. 150 crore on its seven plants in Noida, Dehradun and Roorkie, besides investing nearly Rs. 25 crore on setting up its eighth plant. 'Although we have yet to take a final call, we may set it up in Gujarat,' Arun Gupta, Managing Director, NTL Electronics and Global CEO, NTL Lemnis, told Business Line.

HBL