Philips India Limited is a subsidiary of Royal Philips of the
Netherlands (KNPV), a leading health technology company focused on
improving people’s health and enabling better outcomes across the
health continuum from healthy living and prevention, to diagnosis,
treatment, and home care. KNPV Holds 96.13% shares in Philips India
Limited and remaining shares are held by minority shareholders.
Philips India is a leading hi-tech company doing business in the
field of Healthcare system, and Personal Healthcare. The company
also has a Healthcare innovation centre at Pune and Innovation
campus at Banglore.
i. Healthcare System:
It imports machines from Philips globally for Diagnostic Imaging
(MRIs, CT Scan, Digital X-Ray), Ultra Sound, Image-Guided Therapy,
Patient Care, and monitoring Systems.
ii. Personal Healthcare:
It includes Domestic appliances, Personal Care, Health, and Wellness
products.
iii. Healthcare Innovation Centre:
It is the R&D centre of Philips India which also assembles machines
as discussed above under the Healthcare System.
iv. Philips Innovation Campus (PIC):
Based at Bangalore, initially started as a software centre in 1996,
is now recognized as one of the key innovation hubs for Philips
globally.
The focus of the innovation hub is to help accelerate Philips’s
leadership as a Health Technology company through meaningful
innovations for local and for global markets. Enabled by highly
qualified, passionate and motivated professionals over the last 23
years, this centre has evolved rapidly to become a strategic
innovation hub for Philips.
PIC builds software products and solutions across the health
continuum starting with healthy living, disease prevention to
diagnosis, treatment, and home-based care. The software and product
innovations enable global advancements in common platforms for
various imaging products like MRI, CT, Diagnostic X-Ray, and
Ultrasound. PIC has extensive expertise in cutting-edge technologies
such as AI, Cloud, Data Analytics, IoT, etc.