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Preethi is exporting products to the US, Asian and African countries and it currently constitutes around 8% of its revenue.

Wholly-owned arm Philips Home Care Services will focus on delivering both devices & medical services to households.

Murali Sivaraman acknowledges the currency and economic challenges, but says they don’t keep him up at night.

Dutch electronics maker Philips plans to take Indian kitchen appliances brand Preethi to global markets.

Riding high on its success in the state, Preethi Kitchen Appliances Pvt Ltd has launched three new products for the Onam festival season.

"If you are directly involved with them (consumers), it's an added advantage since the market is becoming hyper competitive," says Bajaj.

Preethi Kitchen Appliances Pvt Ltd, a leading player in kitchen appliances market in the country, has set a turnover target of Rs 560 crore...

Dutch consumer electronics firm Philips today said it is looking to make India an innovation hub and develop more locally relevant products.

This is one of the most ambitious initiatives yet by Philips to revive its operations in India, where it has lost out to Korean, Japanese a...

Philips has agreed to buy South Indian home appliances brand Preethi for over Rs 350 crore in one of the largest M&A transactions in the in...

Dutch consumer electronics maker Philips said it had purchased leading Indian kitchen appliance maker Preethi for an undisclosed amount to ...

TT Varadarajan, the first cousin of TTK Industries (owners of popular brand ‘Prestige’) chairman TT Jagannathan, floated Maya Appliances - ...