Signify aims double-digit growth from Indian business in 2024: CEO

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Signify aims double-digit growth from Indian business in 2024: CEO - Business Standard

Quick Summary:

The company, which overall leads the Indian lighting market, also has plans to increase exports from India to other markets, playing a bigger role, Signify CEO and MD Sumit Joshi said.

On the domestic market, in which Signify operates in the consumer segment (B2C) and the professional lighting solutions (B2B) vertical, he said the company has been able to "extend its leadership".

"India is a very important market not because of the domestic market which we have, but also the role which India could play for the world for Signify is becoming far more important," Joshi told PTI.