Wipro NSE -0.32 % Lighting is betting big on the connected lighting space to grow its commercial lighting business over the next few years It has tied up with Cisco for Power over Ethernet (PoE) and pure-LiFi for Internet of Lighting solutions, areas it believes that commercial lighting is moving to.
The lighting business contributes 26% of revenue to the $1-billion Wipro Consumer Care and Lighting business. Anuj Dhir, business head, Commercial Lighting Business, Wipro said that it was seeing a lot of interest in smart lighting solutions for both offices, as well as Smart City projects. It has created a portfolio of products specifically for these, which include sensor and IoT-based solutions. The market size of commercial indoor and outdoor lighting is pegged at between Rs 7,000-8,000 crore .