Sumit Joshi, Signify Innovations India: India has tremendous potential for Lifi

We envision growth opportunities for Signify from the perspective of driving the adoption of innovation and technology, not by audience segment. We are driven to meet customer needs in a way that provides best value over the years, not just today. That’s why globally we invest 4.5 per cent of our sales into product R&D,” shares Sumit Joshi, Vice Chairman and Managing Director, Signify Innovations India.

The company recently launched 3D printed luminaires—tailored products with half the carbon footprint of a traditionally manufactured metal luminaire. These luminaires make use of recycled material, such as old CDs, to create products that are themselves recyclable. In the area of food availability, the company offers horticulture lighting that helps city farmers to boost crop yield and quality while lessening the distance from farm to fork.