Yes, Philips India is a product based company. 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. Moreover, the company has a software development centre as well in Bengaluru. Philips India is a subsidiary of Royal Philips which is a Netherlands based company with shareholding of 96.13%.