The Economic Times

Philips India sees India emerging as global R&D, AI hub; bets on healthcare infrastructure for growth

Philips India is focusing on growing healthcare infrastructure and artificial intelligence. The company's R&D footprint in India is significantly strengthening its global operations. Investments will continue to support Philips' positive growth story in the country. Philips sees opportunities in sleep and respiratory care as awareness increases. The company prioritizes value over price when facing competition from other firms.