Abiding by the government's charter to companies for producing energy-efficient appliances, Philips Electronics India has unveiled its plan to sell 20 million energy saving compact fluorescent lamps (CFLs) by this year-end.
Though the conversion cost is expensive, firms are banking on energy savings & environment benefits.
Consumer durables firm, Philips, will up investments in emerging growth markets like India and China by 27 per cent this fiscal over the previous year.
Dutch consumer electronics major Royal Philips is in talks with major retail players in India, including Mukesh Ambani-promoted Reliance Retail and Tata Group company Trent for a tie-up, as it looks to shore up volumes in the country.
Philips Electronics India Limited on Thursday announced the test launch of what it claimed is the country's first Digital Satellite TV for 'cable dry' semi-urban and rural areas.
Consumer Electronics major, Philips Electronics India Ltd will introduce 14 new colour TVs in the Indian market in all screen sizes by next year, a top executive of the company said in Chennai.
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