Sujana’s Chowdary Signs Japanese Deal

HYDERABAD, INDIA (GaeaTimes.com)- Sujana Energy Limited, a subsidiary of the Sujana Group of Companies based in the city of Hyderabad has joined hands with the Nichia Corporation based in Japan with the agreement that both companies will jointly work on the improvement of LED lighting and displays. Y S Chowdary, the Chairman of the Sujana Group issued a statement saying that the main focus of his company is the immense opportunities in the field of renewable energy and his aim is to provide the latest technology to the vast Indian community, using these resources.

While the Nichia Corporation is the largest manufacturer of white LEDs in the world, the Sujana Group of Companies will work towards adapting the Japanese technology to the Indian society, says Y.S. Chowdary. Since the Sujana Energy has been involved with the research and development of LED for a long time now, the business partnership will prove to be a very favorable one, feel the business analysts around the world.

The demand for LEDs in India is pretty high. With Nichia Corporation and Sujana Energy coming together, the country’s markets may soon be invaded with several LED products. Competition though will be tough, considering that there are a number of local manufacturers of LED products. However, the strategic collaboration is expected to bring very high returns for both companies. Speaking to the media, Y.S. Chowdary said that the primary concern of the Sujana Group would be to cater to the needs of the Indian community. So the collaborators will manufacture only such products which will appeal to Indians.