Friday, January 13, 2006

"Low-cost lamps brighten the future of rural India"

"An entrepreneur who made his money in plastics, Chaddha has poured his own money into the project, providing the initial installations free of charge. As he looks to make the project self-sustainable, he recognizes that it's only urban markets - which have also shown an avid interest in LED lighting - that can pay. The rural markets in India can't afford it, he says, until the prices are brought down.

The rural markets would be able to afford it...if they had access to micro-credit."

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