Philips partners with KORE to expand LED components business In an order to expand product availability and speed time-to-market of LED lighting solutions, Philips Lumileds today announced the signing of a global distribution agreement with KORE, Key Operation & Electrocomponents Pvt. Ltd. of Delhi. This new agreement enables immediate access to Philips Lumileds application-specific LEDs in India. “LED lighting is just beginning to take off in India. But we expect remarkable growth in this market over the next several years, in both commercial and off-grid applications,” said Pierre-Yves Lesaicherre, CEO Philips Lumileds. “KORE personnel will have full access to the products, services and people at Philips Lumileds, individuals who are committed to improving the customer experience with lighting.” “Philips Lumileds has been in the forefront of developing best-in-class LED lighting solutions including indoor, outdoor, and industrial market segments and KORE is known for its experienced sales team, outstanding engineering support and large customer base in India providing innate synergies for both of us to partner,” said Praveen Mahajan, Director of KORE. Satish Luthra, Director of KORE’s REC Group added, “KORE is now able to provide their customer base with access to the world’s most comprehensive portfolio of application-specific LED solutions. Philips Lumileds is adding KORE to our distribution portfolio further demonstrating our total commitment to the success of our customers in India.