Umang Agarwal and Pranav Agarwal: Visionaries Driving Innovation in the LED Lighting Industry

In the dynamic world of LED lighting, where energy efficiency and innovative solutions are paramount, two visionary entrepreneurs, Umang Agarwal and Pranav Agarwal, have emerged as trailblazers. Co-founders of Ledure Lightings Ltd., a Delhi-based lighting solutions provider, Umang and Pranav are driving innovation, efficiency, and sustainability in the LED lighting industry.

Shifting the Paradigm

Recognizing the increasing demand for LED lights in India, Umang and Pranav Agarwal embarked on a transformative journey by establishing Ledure Lightings in 2015. The company’s inception marked a strategic shift from being an Original Equipment Manufacturer (OEM) to a brand that focuses on delivering cutting-edge lighting solutions.

A Distinct Mark in the Lighting Space

Unlike many other players in the industry, Ledure Lightings leveraged its manufacturing experience to create a distinct mark. The company’s decision to discontinue OEM operations in 2014 demonstrated its commitment to independence and innovation. This strategic move allowed Ledure Lightings to provide superior products without depending on imports or third-party manufacturers.

Expansion and Growth

Starting from humble beginnings with a 2000-square-foot facility and a team of 10 people in 2015, Ledure Lightings has rapidly expanded its operations. The company now operates across a sprawling 60,000-square-foot area, encompassing a central unit in Noida and four additional depots in key locations such as Kolkata, Jaipur, Lucknow, and Patna. With a robust monthly manufacturing capacity of 15 lakh units, Ledure Lightings has become a major employer, providing opportunities for over 500 individuals.

Catering to Diverse Spaces

Ledure Lightings has carved its niche by offering innovative lighting solutions for residential, commercial, and industrial spaces. The company’s commitment to excellence is reflected in its impressive financial performance. In FY20, Ledure Lightings achieved a revenue of Rs 60 crore, and this growth trajectory continued with a remarkable 70% YoY growth in revenue in FY22, followed by a further 60% YoY growth in FY23, reaching a revenue milestone of Rs 162 crore.

Pioneering Air Purifying LED Lights

Umang and Pranav Agarwal are not content with resting on their laurels. They are now set to introduce a ground-breaking product line—LED lights designed to purify the air. These innovative LED lights, which aim to eliminate particulate matter (PM 2.5) and other harmful microorganisms from indoor spaces, showcase the duo’s commitment to addressing real-world challenges. By seamlessly embedding air purifying technology within the ceiling, Ledure Lightings aims to provide a dual-purpose solution that enhances both lighting and air quality.

Competitive Edge and Market Differentiation

Ledure Lightings competes with established lighting giants such as Philips, Surya Roshni, Havells, Wipro, and Orient. The company’s dedication to quality and innovation sets it apart from the competition. Ledure’s COB range, boasting a high Color Rendering Index (CRI) of 90, offers superior performance compared to other brands. The company’s commitment to offering competitive prices across various product ranges, combined with its focus on research and development, ensures that customers receive the best value for their investment.

Future Expansion and Impact

Umang and Pranav Agarwal’s visionary leadership has propelled Ledure Lightings to unprecedented heights within the LED lighting industry. The company’s expansion plans include diversifying into other electrical products, such as wires, switches, and fans. With a strong commitment to research, innovation, and customer satisfaction, Ledure Lightings is poised to continue making a significant impact in the lighting and energy efficiency sector.

Umang Agarwal and Pranav Agarwal’s journey with Ledure Lightings exemplifies their passion for innovation, their commitment to quality, and their vision to drive positive change in the LED lighting industry. As pioneers of air purifying LED lights and champions of energy efficiency, their leadership and entrepreneurial spirit are reshaping the landscape of lighting solutions, making a lasting impact on homes, businesses, and industries across India.