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India's LED Expo (LED expo) was held in New Delhi, India from November 30th to December 2nd. In addition to India, there are 370 exhibitors from 11 countries or regions, and Taiwanese manufacturers have 岚雅光å¦, 雷笛Six companies including Keguang Optical, Mingwei Enterprise, Shangze Optoelectronics Fudun Technology and Edison Optoelectronics participated in the exhibition. The Indian government intends that India's LED Expo (LED expo) will be held in New Delhi, India from November 30th to December 2nd. In addition to India, there are 370 exhibitors from 11 countries or regions, and Taiwanese manufacturers have Yanya Optics. Six manufacturers of Redditch Optics, Mingwei Enterprise, Shangze Optoelectronics Fudun Technology and Edison Optoelectronics participated in the exhibition. The Indian government intends to promote the LED industry. Due to the large internal and export demand, the market size is expected to continue to expand in the future. The Taiwanese manufacturers participating in this year, including Edison Optoelectronics, Radix Optoelectronics, and Mingwei Enterprise, which provide components for LED lamp balls, light panels and optical lenses, have entered the Indian market. 8 to 10 years, and these three manufacturers also participated in the Indian LED expo last year. At present, the LED lighting market in India is still in its infancy, and international manufacturers are optimistic about India. The big manufacturers Philips Lighting and Osram are setting up factories in India as the production base of the global market. According to the LEDinside report, the LED lighting market in India was US$1.14 billion in 2016, with an annual growth rate of 47.1%, and is expected to climb to US$1.715 billion in 2020. Indian Prime Minister Modi also proposed a smart city plan in 2016. It is expected to build 30 million street lamps in India within two years, including the replacement of new and new street lamps. LED factory Yiguang recently successfully won the street lamp in southern India and will ship 10 million street lamps in the next year. Indian Goods and Services Tax (GST) The new tax system has just arrived on the road in July this year, with a flat rate of 5%, 12%, 18%, 28% and other four different tax rates, eliminating the need for exchange rates due to cross-province. However, affected by GST, the LED market has slowed down this year. Many foreign companies, including Taiwanese businessmen, are still exploring the new tax system. In the short term, market prices will also fluctuate due to the new tax system. However, Anhou Jianye Certified Public Accountants (KPMG) evaluated that the new GST system seems to be beneficial to Taiwanese companies entering the Indian sales market and the price is more flexible, which is more favorable to Taiwanese companies.