FUTURISTIC LED PRIVATE LIMITED

In their own words

Futuristic LED Private Limited 1. India has benefitted tremendously from its rapid and large-scale embracing of technology. Consumer-level electronics has led the way in bringing about this smooth rate of proliferation. From LED televisions to consistently improving Electric Vehicles, our nation has taken to electronics like the proverbial duck takes to water. Futuristic LED Private Limited is poised at the start of something great in this sector, given our driven ambition to keep India progressing into a new technological revolution. Our vision is to knit together an ecosystem of widely compatible products that will take advantage of Internet of Things in delivering a seamless experience for our customer base. By carrying out deep analysis of customer preferences and buyer preconceived notions about various electronic devices, we will zero in on the perfect products and build up a comprehensive portfolio of surefire connected services that will stave off customer attrition as well as cement customer loyalty. Futuristic LED Private Limited takes the cue from the marvelous glory attained by industry leading home-grown startups in the electronics domain. For instance, with Delhi-NCR rolling out 131 charging stations in the next 3 months, the electric vehicle industry is all set to become mainstream instead of being a marginal automotive sector. Nippo Batteries invested in ION Energy and Hero MotoCorp funded Ather Energy. Blu-Smart, an all-electric cab service has already launched operations across India’s metropolitans. These EV startups are literally riding on clean power, taking inspiration from Elon Musk’s Tesla. The interconnection of electronics has also made prolific applications of technology possible. Internet of Things has real-world applications now, which Futuristic LED Private Limited intends to leverage to the fullest. There is a multitude of firms with very smart ideologies regarding the use of tech for life, ranging from the behemoths of consumer fulfilment like Amazon (taking third party products easily onboard with its IoT 1-Click platform), to nascent startups with specialized applications like Facilio (infrastructure & facilities administration), Open App (smart locks) and TagBox (cold chain logistics), just to name a few. 2. Industry: Electronics In the span of half a century, electronics have reduced in size and increased in computational capacity at an exponential rate. While the rate of miniaturization has slowed in the past decade, the still-intensifying processing power of chips has led to intricate and highly versatile consumer electronics. China still rules the roost in manufacturing, but like the semiconductor chips, its growth is waning as multinationals go for even cheaper long-term options in supply chain management. E-commerce has opened up new markets with ease, and global availability of skill and labor is driving production costs down while innovation continues to come from the unlikeliest of places. Riding the wave of upcoming markets, the industry will reach $1,787 billion by 2024, showing a CAGR of 6%. 3. Sector: Consumer electronics With a product range encompassing nearly everything, from smartphones, tablets, personal computers, digital and hybrid-analog cameras, laptops, LED and OLED Wi-Fi enabled smart televisions, sophisticated audio hardware, miniature MP3 players, home security recorders and 8th & 9th generation gaming consoles to intimate personal care devices, the consumer electronics industry is seeing its best days yet. Rising purchasing power parity throughout the world is boosting this sector further, with higher availability bringing more and more customers into the upper echelons of electronic device consumerism. The future is set to be brightly lit by the glow of energy-efficient yet power-packed electronics, and Futuristic LED Private Limited aims to be at the forefront of this sector. 4. Services to be provided: - LED Products & Peripherals - Battery & Energy Storage - Electronic Devices - Electric Vehicles - IoT & AI Implementations

Written by the company on its public Startup India profile. Not verified by us.