For financial financial year 2009, the firm said, it posted a healthy 10 per cent sector growth in the lighting segment and 33 per cent sales growth in the healthcare segment.
Pointing out that the firm had introduced its modular switches and Light Lounge –– its flagship retail store –– during the year, Philips Lighting Country Head Rajeev Chopra said “There is a huge untapped potential in complete lighting solutions space and you’ll find us making the most with innovation.” For this, he said the firm is betting big on LED (light emitting diodes) technology.
While claiming that one out of every three CFL lamps (compact fluorescent lamps) sold are Philips, Chopra said there is a need to move forward from CFLs to LEDs. “LEDs are the future,” he said, adding that Philips is in the forefront of research to make this technology commercially viable.
Appealing designs
The firm unveiled its Ledino range of consumer LED solutions and claimed it is providing consumers at home with pure, refreshing light, which creates a natural ambience in appealing designs with this.
Similarly, Philips spoke about the new street lighting solutions, claiming that it comes with benefits like energy saving, lesser maintenance cost and longer life. Chopra, pointed out that these solutions have already been used to illuminate many historical sites.
Besides, Philips also offers its –– Kidsplace –– consumer luminaires collection of child-friendly lights, designed around the function of lighting with a playful twist.
Healthy business
Meanwhile, operating around the health and well being theme, Philips seems to be rushing ahead of the pack in the healthcare business front.
The firm launched Allura FC multi-purpose catherisation (cath) lab aimed at the value segment.
It is the first indigenous product to be rolled out post acquisition of Alpha in 2008. The company also introduced several global high technology products, like Virtual Intensive Care Unit. Allura FC will be manufactured in India and exported to other countries across the globe.
It is an attractive solution for hospitals to extend their cardiac care treatment programmes in remote geographical areas, Philips Healthcare Vice-President & Business Head (India, Bangladesh, Sri Lanka & Nepal) Anjan Bose claimed, adding that it is also well-suited as back-up lab for mainstream cardiovascular applications.
Philips also launched a series of products in its consumer lifestyle segment –– Philips USB speaker, notebook sleeve, notebook cushion speaker, notebook mouse, presenters and headsets –– adding more to its portfolio.