Philips Domestic Appliances India Limited

On July 17, 2020, Philips Domestic Appliances India Limited was established as a fully owned subsidiary of Philips India Limited. The company has taken over Philips India Limited’s domestic appliance division. The Philips India Ltd. domestic appliances division produced net revenues of 706 crores, net earnings of 11 crores, and cash from operations of 134 crores during FY 2020–21. The company offers a diverse range of products, including coffee makers, home care items, and kitchen appliances. One of the largest manufacturers of consumer electronics in the world, Royal Philips of the Netherlands, is one of its strong parents.

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