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February 15, 2012 11:00 AM ET
Healthcare Equipment and Supplies

Philips Electronics India Limited

Company Overview

Philips Electronics India Limited primarily engages in healthcare, consumer lifestyle, and lighting businesses. The company offers diagnostic imaging products, including CT, MRI, X-rays, cardiovascular, nuclear medicine, PET-CT, and ultrasound imaging systems; obstructive sleep apnea management and home respiratory care products; and cardiology solutions, as well as involves in patient monitoring business. It also provides lamps, luminaires, lighting electronics, and automotive and special lighting products, as well as lighting products for road lighting, office and industrial, hospitality, and home sectors. In addition, the company offers home entertainment and personal infotainment product...

Detailed Description

9th Floor, DLF 9-B

DLF Cyber City

Sector 25

DLF Phase - 3

Gurgaon,  122002

India

4,762 Employees

Phone:

91 12 4460 6000

Fax:

91 12 4460 6666

www.india.philips.com

Key Executives

Vice Chairman
Age: 48
Chief Financial Officer and Executive Director
Chief Executive Officer of Philips Innovation Campus
Age: 63
Head of the Lighting Systems and Controls Business
Age: 45
Business Head of Consumer Lifestyle Segment
Age: 56
Compensation as of Fiscal Year 2011.

Key developments for Philips Electronics India Limited

Philips Electronics India Limited Announces Executive Changes

Philips Electronics India Limited announced the appointment of Ada Ratnam as the president of its consumer lifestyle business in India. Mr. Ratnam, who was earlier the head of the lighting systems and controls business of Philips India, will take over charge from Anjan Bose who will retire on March 31, 2012. Mr. Ratnam joined Philips in November 2004.

Philips Mulls Acquisitions

Koninklijke Philips Electronics NV is evaluating possibilities, including acquisitions, to start producing automotive lighting solutions in India. The company intends to double revenue to over INR 3 billion from India by 2015. Philips Electronics India Ltd’s Director (Automotive Lighting), Sameer Sodhi told PTI: "We are currently producing general lighting solutions from two facilities at Mohali and Vadodara. Now we are looking at options to have a facility to manufacture automotive lights in India." He added that the company is exploring a number of options such as setting up a green-field unit, rolling out products from the existing lights making factories or acquiring a potential manufacturer of automotive lights producer.

Philips Electronics India Limited Appoints Nirupam Sahay as the Business Head of its Lighting Division

Philips Electronics India Limited appointed Nirupam Sahay as the business head of its lighting division. Prior to this, Nirupam Sahay was Senior Director - Marketing at Philips Lighting India. In his new role, Sahay will be responsible for the complete Philips Lighting business in India.

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