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The Light Emitting Diode (LED) market in India has been growing over 50% for the last five years (2009-10 to 2013-14) and expected to sustain this growth rate in the next five year (2014-15 to 2018-19). Although late, the government of India has announced a lot of incentives and measures in order to prioritize LED manufacturing in the country. However, there are lot of LED Lamp assembling companies in India, who design and make LED lamps but they import basic LED chip elements.