Related Keywords: apparel units, bulk apparel purchase, energy consumption of textile units, profit margins of textile units, textile stakeholders, textile units in Tirupur, The Sripuram Trust
The Sripuram Trust, formed by different textile stakeholders, has started grouping together apparel units in the Tirupur cluster to purchase LED (light emitting diode) bulbs under a consortium approach in order to reduce energy consumption and increase the profit margins.
Initially, it has planned that a total of one lakh tube lights would be replaced with LED lamps, said T.R. Vijayakumar, coordinator of Sripuram Trust.
Around five lakh tube lights are being used by the textile units in Tirupur cluster in total on the production floor and on the campus of the units, he added.
He stated that when each of the 40 watts tube light was replaced with 15 watts LED, Rs. 100 could be saved on every bulb.
If the entire five lakh tube lights get replaced with LED bulbs, a net amount of Rs. 60 crore can be saved, he added.
Also, life spans of LED lamps are comparatively more than tube lights.
He further said that the bulk purchase will help the apparel sector industrialists to reduce the cost.
The Sripuram Trust has short-listed two brands of LED lamps to give choices for the entrepreneurs.