"The current Strategic Partnership on LED Lighting and Display formalizes a long-term and valuable relationship between Sujana Energy Limited and Nichia Corporation and further expands our corporate relations.
By gaining a better understanding of each company's capabilities we are sure to collaborate to develop unique solutions for customers across India. Demand for LED is almost limitless worldwide.
Although competition is extremely high in Indian market, I believe, this collaboration between Sujana and Nichia will be a breakthrough for expanding LED Lighting and Display," said Makoto Takenaka, Managing Director of Nichia Chemical Pte Ltd.
As part of the Strategic Partnership, Nichia Corporation will provide Sujana Energy Limited a product head start / leeway, during which, Nichia will do best to make its new/suited products available only to Sujana for the Indian Market. The scope of the cooperation in LED Lighting and Display domain by using various collaboration channels may be further expanded; potentially extending it to other countries in the future as demands exist.
"By bringing together our experience and capabilities, we will be in a position of strength to provide our customers with innovative and comprehensive solutions for their lighting needs using cutting edge renewable technologies," remarked Hari Kiran Chereddi, Managing Director, Sujana Energy Ltd.
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