No, Philips India is not an Indian company. It is a subsidiary of Royal Philips which is a Netherlands based global health-tech company with 96.13% shareholding. The company is primarily involved in the manufacturing of Health System Machines (MRIs, CT Scan, Digital X-ray), Personal Care (Trimmer, Hair Dryer), domestic appliances (iron, juicers, food processor) and Innovation centre. The company has a manufacturing plant in Pune and a software development centre in Bengaluru.