Phillips brings healthcare to your homes

  • Phillips, due to changing trends, has been facing a decline in revenue growth and also in sales of lighting products as people now prefer LED bulbs.
  • On one hand, there is a decline in lighting products and on another hand, the growth in consumer lifestyle products and healthcare products is seen.
  • Therefore, Phillips India’s wholly owned subsidiary, Phillips Homecare Services, will be providing devices as well as medical services to the customers.
  • Phillips will be providing various treatment services under specialized and trained staff and personnel and doctors.
  • Phillips will be in competition with startups such as Portea and hospitals chains such as Apollo and Max.
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