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Philips

By Vinod Pathak , 1 May 2025
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Philips Sets Sights on Double-Digit Growth in India, Eyes Top 5 Market Ranking

Philips, the Dutch multinational technology company, is forecasting significant growth in India, one of its key markets. With an ambitious double-digit compound annual growth rate (CAGR) forecast of 10-15% over the next few years, Philips aims to significantly increase its presence in the country, expecting it to become one of its top five global markets within five years. The company plans to expand its footprint in various segments, including personal health, med tech, and grooming products.

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