Electronics System Design and Manufacturing (ESDM) is the fastest-growing industry in the world, and it is changing people's lives, companies, and economies everywhere it goes. The consumer electronics market in India presents a global opportunity for near- and medium-term expansion. From 2022 to 2030, the consumer electronics industry in India is projected to increase from its 2021 valuation of $71.17 billion at a CAGR (compound annual growth rate) of 6.5 percent. Rising disposable incomes, improved access to finance, and shifting customer preferences have all contributed to the expansion of the consumer electronics industry in India.

Demand in this market is expected to rise because of a combination of factors, including government and business investment as well as deliberate cuts to the import cost. In light of the market's expansion, a plethora of new companies have entered the field. Colorhome Lighting being established in 2021 is one of the leading companies in this sector.

Customers in this segment confront a lot of challenges related to higher prices, poor quality products and efficiency. “We want Colorhome to reach every household in India and make them believe they have selected the best quality product for the price paid. We wanted to fill the airline gap between high-end lighting products and poor-quality products by introducing affordable quality products for Indian consumers.

We strongly believe in reducing carbon footprint hence each product we offer has higher lumen efficacy thus reducing power consumption also because there is a balanced compromise on the selection of the right components for our products it is always long-lasting”, says Rohit Patel, CEO & MD.

It was a core value at Colorhome Lighting to provide the finest possible service to customers and the community at large. Customers can choose from a diverse selection of available goods. The company's wares fall under one of three broad categories: LED bulbs and lamps, LED luminaires, or LED battens. It's always releasing new goods that are on the cutting edge of consumer preferences, and it's especially good at meeting the needs of cutting-edge homeowners because of its range of devices based on wire¬less technologies like WiFi, Bluetooth, and others.

At Colorhome Lighting providing the finest possible service to customers & the community at large in the main focus

The company's CTO, Sachin Tyagi, has over 20 years of experience in NPD and R&D, and he is backed by a solid team of knowledgeable and well-learned engineers. It also consistently introduces novel goods that take advantage of emerging technologies and adapt them to the needs of the Indian market. The technical team and the new product planning team frequently travel to trade shows in India and other countries to learn about emerging industry trends. The business is pleased to announce that it has recently become a member of ELCOMA India. In addition, they have received the ‘Promising Company’ award from the Indian Achievers Award Forum.

Future Roadmap
Over time, the company has expanded its operations and broadened its customer base. Colorhome Lighting is planning a few new products that will be based on the most recent technology, but its primary goal is to create products that can be repaired by the customer using a small number of repair modules even after the warranty period has passed. This is due to the fact that one of the most significant problems that still needs to be addressed, is the need to reinvest in complete products once they fail after the warranty period has passed.

It is pretty evident that the objective is to reach Every House in India with quality items that are also affordable. The objective is to provide ethical and transparent business practices in order to reach the common people of India in order to meet their need for quality goods at prices they can afford.