Here’s why India could be shining after all. Since 2005, compact fluoescent lamps’ (CFLs) sales have grown at 25%, while incandescent bulb sales have risen 3% during the same period. At Havell’s testing facility in Neemrana, Rajasthan, CFLs burn bright for 10,000 hours and only then is the batch declared fit to hit the market.
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"We are producing there, from a pragmatic point of view, you need to produce there to be competitive," Tim Cook says.
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The company's management says that there is no material non-compliance of applicable laws and regulations.
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