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Opportunities: Threats
Opportunities: Threats
There are just six companies in the world working on Li-Fi technology, Starting with an office space employing 200
including one in India, three in Europe and two in the USA. people and assuming 4 employees’ workspace
is covered by 1 Li-Fi bulb, (provided required
Delhi-based Velmenni Research, which was started by Deepak Solanki light intensity is compensated by common LED
in 2012, is trying to crack the issue using Li-Fi by providing high-speed bulbs) there are 50 bulbs required per office
internet through LED lights to everyone in a secured environment. space.
Lighting companies in India and abroad are working to build smart LED Considering 4 such spaces on every floor, gives
lightning (LED lights equipped with ICs). Wipro Lighting, for instance, us 200 Li-Fi bulbs per floor.
has recently joined hands with Scotland-based pure LiFi to design
smart lighting hardware. Assuming an average of 12 storeys per building,
gives us 2400 bulbs per building.
“We are offering ‘Power over Ethernet’ cables. Since LED lights
consume less power, it is possible to offer lighting solutions through Further, an average of 10 such buildings in an
these cables. It makes for an attractive option while retrofitting IT hub/ knowledge park generates an overall
existing buildings where computer systems are already installed”, said requirement of approximately 25000 Li-Fi
Revenue in office furniture segment amounts to Rs.0.97 bulbs. Targeting 4 such hubs in Gurugram,
Anuj Dhir, Vice-President, Business Head, Wipro Lighting.
Lakh Crores in India. The market is expected to grow Bangalore, Chennai and Hyderabad gives an
annually by 2.2% (CAGR 2019-2023) opportunity for 2 Lakh bulbs installation.
Acceptability of a new breakthrough technology like LiFi is
expected to be higher for office spaces in India’s IT and
Services hubs, in comparison to hospitals and schools
which are yet to invest in more important medical and
teaching aids.