Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 29 2018

Philips eyes expanding product presence in mother and child care

The company is eyeing expanding the product portfolio across pacifiers, breast pumps, bottle warmers and sterilisers.

Philips, consumer appliances major, is planning to expand its product presence in the mother and childcare space in the next 18 months. The company is eyeing expanding the product portfolio across pacifiers, breast pumps, bottle warmers and sterilisers.

ADA Ratnam, President, Personal Health at Philips, India Sub-continent, said, "This segment is a huge business opportunity for the company. Health and wellness will be a key focus area going forward. We are trying to boost the mother and childcare space including our Avent Breast Pump and containers." 

Avent has been in the Indian market since 2011. Philips has expanded its product range in the last 12-14 months. The company is also selling its products across e-commerce portals. 

Philips group sales amounted to EUR 17,780 million in 2017 globally. Out of which, the personal Health businesses' sales amounted to EUR 7,310 million.

Indian mother and child care market is estimated to be Rs 15,000 crore, with a growth rate of 15% every year.

Comment
image
Related opportunities
  • Career Counselling & Brain Programming
    About Us:   CRBtech is a leading training and career development company...
    Locations looking for expansion Maharashtra
    Establishment year 2001
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Others Health Care & Fitness
    About Body Building India Body Building India is a well-known name..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 250 - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • Ice creams & Yogurt Parlors
    About Us: FROZEN RIBBONS are creamy ribbons of paper thin Ice-Cream. Awarded ..
    Locations looking for expansion DUBAI
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Dubai DUBAI
  • After School Activities
    About Us: Brightt kids began its journey from Pune and over..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities