Latest news with #PhilipsSeries7000
Time of India
30-04-2025
- Business
- Time of India
Philips targets double-digit growth in India
Philips is expecting double-digit growth in the short to mid-term in India, a "key market" for the Dutch multinational, a top company official said on Tuesday. India has the potential to come into its top five markets over the next five years, helped by the double-digit CAGR growth here, said Vidyut Kaul, Head of Personal Health, Philips Growth Region (JAPAC, ISC, META & LATAM). The company is encouraging domestic sourcing not only for the local markets but also for its global markets, he added. "We have committed to India being the key market, and we have been both for personal health products as well as our med tech products. We do a lot of sourcing out of India. So, that continues with the ambition. So, we continue to look at opportunities to scale back," Kaul told PTI. In India, Philips operates in the personal health business, including the beauty and grooming segment, where it has various products like hair dryers, hair straighteners, hair brushes, beard trimmers etc. Its health business also includes oral care -- electric toothbrushes, and mother and child care products. When asked about the growth outlook in India in the short to mid-term, Kaul said: "We are looking at a double-digit CAGR between 10 to 15 per cent". The company expects its men's grooming, mother and child care with Avent and female grooming segments to be its growth drivers. "But, in the next 2 to 3 years horizon, you will see us playing an active part in oral care," Kaul added. India is currently among the top 10 markets of Philips. "With this growth, the idea is, we have the aspiration in the next 5 years to get it into the top 5," he added. In FY24, Philips India's standalone revenue from operations was Rs 6,000.4 crore, up 4.64 per cent year-on-year, according to financial data accessed by business intelligence platform Tofler. Its personal health business contributed Rs 765.8 crore, while the 'Health Systems' vertical generated Rs 2,833.8 crore. Its innovation services contributed Rs 2,271.9 crore. Philips, which is a market leader in the male grooming segment, on Tuesday launched a new line of premium electric shavers in India. According to Kaul, the market is estimated to be around USD 400 million and growing at a healthy double-digit of 10 to 11 per cent year-on-year. "We are the market leaders in different categories. We have between 40 to 65 per cent market share depending on one category and category," he said, adding that "we aim to bring innovation". Philips is manufacturing its grooming products in India at Baddi, Himachal Pradesh. "We have a manufacturing line already. We have got 13 to 14 products, which are made in India," said Kaul. Globally, Philips is the leading brand for electric men's grooming brand and India is already in the top 10 markets for the company. Philips on Tuesday launched premium electric shavers - Philips Series 7000, i9000 and Philips i9000 Prestige Ultra, which are designed with AI-powered SkinIQ technology. Its price starts from Rs 14,999 and goes up to 34,999.
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Business Standard
29-04-2025
- Business
- Business Standard
Philips eyes strong double-digit growth as India nears top-five market spot
Philips is expecting double-digit growth in the short to mid-term in India, a "key market" for the Dutch multinational, a top company official said on Tuesday. India has the potential to come into its top five markets over the next five years, helped by the double-digit CAGR growth here, said Vidyut Kaul, Head of Personal Health, Philips Growth Region (JAPAC, ISC, META & LATAM). The company is encouraging domestic sourcing not only for the local markets but also for its global markets, he added. "We have committed to India being the key market, and we have been both for personal health products as well as our med tech products. We do a lot of sourcing out of India. So, that continues with the ambition. So, we continue to look at opportunities to scale back," Kaul told PTI. In India, Philips operates in the personal health business, including the beauty and grooming segment, where it has various products like hair dryers, hair straighteners, hair brushes, beard trimmers etc. Its health business also includes oral care -- electric toothbrushes, and mother and child care products. When asked about the growth outlook in India in the short to mid-term, Kaul said: "We are looking at a double-digit CAGR between 10 to 15 per cent". The company expects its men's grooming, mother and child care with Avent and female grooming segments to be its growth drivers. "But, in the next 2 to 3 years horizon, you will see us playing an active part in oral care," Kaul added. India is currently among the top 10 markets of Philips. "With this growth, the idea is, we have the aspiration in the next 5 years to get it into the top 5," he added. In FY24, Philips India's standalone revenue from operations was Rs 6,000.4 crore, up 4.64 per cent year-on-year, according to financial data accessed by business intelligence platform Tofler. Its personal health business contributed Rs 765.8 crore, while the 'Health Systems' vertical generated Rs 2,833.8 crore. Its innovation services contributed Rs 2,271.9 crore. Philips, which is a market leader in the male grooming segment, on Tuesday launched a new line of premium electric shavers in India. According to Kaul, the market is estimated to be around USD 400 million and growing at a healthy double-digit of 10 to 11 per cent year-on-year. "We are the market leaders in different categories. We have between 40 to 65 per cent market share depending on one category and category," he said, adding that "we aim to bring innovation". Philips is manufacturing its grooming products in India at Baddi, Himachal Pradesh. "We have a manufacturing line already. We have got 13 to 14 products, which are made in India," said Kaul. Globally, Philips is the leading brand for electric men's grooming brand and India is already in the top 10 markets for the company. Philips on Tuesday launched premium electric shavers Philips Series 7000, i9000 and Philips i9000 Prestige Ultra, which are designed with AI-powered SkinIQ technology. Its price starts from Rs 14,999 and goes up to 34,999.
Time of India
29-04-2025
- Business
- Time of India
Philips brings its premium AI-powered shavers in India with 7000, i9000 and i9000 Prestige Ultra series
Philips has launched its premium electric shavers in India. These premium electric shavers – Philips Series 7000 , i9000 and Philips i9000 Prestige Ultra – are designed with AI-powered SkinIQ technology . Tired of too many ads? go ad free now As per the company, these shavers are engineered to deliver a grooming experience with precision, comfort and ease of use. Philips electric shavers price and availability in India The Philips Series 7000 (S7887) is priced at Rs 14,999, while the Philips i9000 can be pruchased at Rs 19,999. The top-of-the-line Philips i9000 Prestige Ultra is priced in India at Rs 34,999. The Philips 7000 Series (S7887) and Philips 9000 Series (i9000) shavers are available for purchase via Philips' official website and Amazon online. Offline retail partners include Croma, Reliance Digital and Vijay Sales. All models come with a five-year warranty. Philips i9000 Prestige Ultra is now available for pre-booking. Phillips electric shavers features According to Philips, these shavers intelligently adapt to individual skin and beard types to deliver 'an enhanced grooming experience' and 'irritation-free shave'. Apart from Skin IQ technology, they come with a bunch of features. The Philips i9000 and i9000 Prestige Ultra feature the Patented Triple Action Lift & Cut System, lifting and cutting hair precisely at skin level for an ultra-close, day-long finish. The are fitted with Dual SteelPrecision Blades (i9000 Prestige) and NanoTech Dual Precision Blades (i9000 Prestige Ultra) that are said to execute up to 7-8 million cutting motions per minute. The intelligent Power Adapt Sensor reads hair density 500 times per second to auto-adjust cutting power, while the Motion Control and Active Pressure & Motion Guidance systems refine shaving technique, Philips says. Tired of too many ads? go ad free now The shavers also get Hydro SkinGlide Coating which is said to reduce friction by 50%, and the 360-degree Precision Flexing Head adapts to facial contours for maximum contact and precision. The i9000 Prestige Ultra comes with 5 customised shaving modes. The Philips Series 7000, meanwhile, features SteelPrecision Blades with 90,000 cutting actions per minute. The Power Adapt Sensor, adjusting 250 times per second, optimises performance based on hair density. There is also a Motion Control Sensor that helps in better shaving technique, while the Nano SkinGlide Coating minimises irritation by improving glide.
Hindustan Times
29-04-2025
- Business
- Hindustan Times
Philips 7000, i9000 and i9000 Prestige Ultra electric shavers launched in India
Philips has expanded its range of personal care products in India with the launch of three new electric shavers: the Philips Series 7000, i9000, and i9000 Prestige Ultra. These devices incorporate advanced AI-powered SkinIQ technology, designed to personalise the shaving experience by adapting to individual skin and beard types. The aim is to provide an effortless, irritation-free shave every time. Philips Electric Shavers: Key Features The Philips i9000 and i9000 Prestige Ultra electric shavers are equipped with advanced features to offer a top-tier shaving experience. Both models use the Patented Triple Action Lift and Cut System, which lifts and cuts hair precisely at skin level for a smooth, long-lasting finish, claims the company. They also feature Dual Steel Precision Blades in the i9000 and NanoTech Dual Precision Blades in the i9000 Prestige Ultra. These blades perform up to 7-8 million cutting motions per minute, which ensures efficiency across various beard lengths, whether it's a 1-day, 3-day, or 7-day beard. The Power Adapt Sensor, which detects hair density 500 times per second, adjusts the cutting power automatically to deliver the best shave. Additionally, the models include Motion Control and Active Pressure & Motion Guidance systems to refine the shaving technique and ensure a skin-friendly, smooth result. Also read: iPhone 17 Pro may not come with anti-reflective display coating as Samsung- Details 9000 Prestige Ultra The i9000 Prestige Ultra goes a step further with five customisable shaving modes and a connected app that provides real-time insights during use. To improve comfort, both models feature a Hydro SkinGlide Coating that reduces friction by 50 percent. The 360-degree Precision Flexing Head adapts to facial contours for enhanced precision. Philips Series 7000 Electric Shaver Meanwhile, the Philips Series 7000 offers a more affordable option without compromising on performance. It features SteelPrecision Blades capable of 90,000 cutting actions per minute. The Power Adapt Sensor adjusts 250 times per second to optimise performance based on hair density, while the Motion Control Sensor aids in refining shaving technique. The 360-D Flexing Heads help deliver a comfortable and effective shave, minimising irritation with the Nano SkinGlide Coating. Also read: WhatsApp Web to bring voice and video call features soon for users - All details Philips Electric Shavers: Price and Availability The global trend of shifting from manual razors to electric shavers continues to gain momentum. With the launch of these new electric shavers in India, Philips aims to meet the growing demand for premium grooming tools. The new shavers are available for purchase on the Philips website, Amazon India, and in select retail stores like Croma, Reliance Digital, and Vijay Sales. Also read: Flipkart Big Savings Days Sale 2025: Save big on POCO X7 series, M7 series and more Pricing for the shavers is as follows: Philips 7000 Series (S7887) – Rs. 14,999 Philips 9000 Series (i9000) – Rs. 19,999 Philips i9000 Prestige Ultra – Rs. 34,999 (currently open for pre-booking). The new Philips electric shavers come with a 5-year warranty and a robust design to ensure long-lasting durability. First Published Date: 29 Apr, 18:12 IST
