Is it true in the Indian context as well? What is the prominence that Philips Medical India occupies today?
What is the vision for your team over next 5 years? A.B.: Philips has been a consistent market leader in areas like Cardiac Cathlab, Patient Monitoring, High-end 3-Tesla MRI, Multislice Cardiac CT and a host of other segments. Medical contributes significantly to the overall revenues of Philips – globally as well as in India. India holds a position of significance and eminence in the Philips world. It is already receiving a lot of attention of the global senior management. Last year, we had Philips Global Leadership Summit in New Delhi and more recently we had a large team of senior management of Philips Medical visiting Bangalore and Delhi to have a first-hand understanding of the needs of Indian market and extrapolating from there, needs of key emerging markets in general like China, Brazil, Russia, and ASEAN countries. Philips is one of the very few companies that has a successful presence in both Medical and Consumer Markets. The presence in the Consumer segment gives us an invalua
