We will be less China-centric in supply chains; India a key alternative: Eric Rondolat, CEO, Signify
Synopsis
As the humble light bulb becomes digitally connected, it will transform into a source for data, helping the world save big in energy costs, says Rondolat. In an interview covering a host of issues, he discusses the future of lighting, the company’s India strategy, the PLI scheme, and more.
In about a decade or more, the world will shift to 100% connected lights, up from less than 5% at present, says Eric Rondolat, chief executive officer and chair of the board of management at USD8.16 billion Signify, the world’s largest lighting maker. Founded as Philips, in Eindhoven, the Netherlands, the company has been in the lighting industry since 1891, and around 93 years in India. In 2016, the lighting business was spun off from Philips,
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