In latest happening, Electronics giant Philips has revealed its plans to manufacture light emitting diode (LEDs) lighting products in India.

The company intends to make LED range with the help of vendors spread across Kolkata, Delhi and Daman. However, on receiving good response, the company may set up its own manufacturing base in India.

The latest move is in line with the company's vision to deliver energy conserving solutions.

It may be noted that, LED is a weather-proof, ultraviolet-resistant and energy efficient light source, which were used in many architectural and commercial buildings and can be utilised at homes for decorative purposes.

In addition, Philips, the largest player in the Indian lighting market, also intends to increase the production capacity of its compact fluorescent light (CFL) plant based in Mohali (Punjab) by 50-60% by 2010.

However, the company officials were not disclosed the detail that when it will start LED manufacturing in India and what would be the initial investment.