Minor Project On "Study of Home Decoratives, Philips Electronics Indialtd."
Minor Project On "Study of Home Decoratives, Philips Electronics Indialtd."
Minor Project On "Study of Home Decoratives, Philips Electronics Indialtd."
STUDENT UNDERTAKING
This is to certify that I have completed the Project titledSTYDY OF HOME
DECORATIVES, PHILIPS INDIA Ltd. under the guidance of Dr. Urvashi
Sharma in partial fulfillment of the requirement for the award of degree of Bachelor
of Business Administration at Maharaja Agrasen Institute of Management Studies,
Delhi. This is an original piece of work & I have not submitted it earlier elsewhere.
Ayush Jain
BBA SemIIIrd
Enrollment no. 09714701712
ACKNOWLEDGEMENT
I take this opportunity to convey our sincere thanks and gratitude to all those who
have directly or indirectly helped and contributed towards the completion of this
project.
First and foremost, I would like to thank Dr. Urvashi Sharma for her constant
guidance and support throughout this project. During the project, I realized that the
degree of relevance of the learning being imparted in the class is very high. The
learning enabled us to get a better understanding of the nitty-gritty of the subject I
have studied.
I would also like to thank my classmates for the discussions that I had with them. All
these have resulted in the enrichment of my knowledge and their inputs have helped
me to incorporate relevant issues into my project.
Last but not the least I would like to thank God and my parents for their cooperation
and help.
Ayush Jain
BBA SemIIIrd
Enrollment no. 09714701712
EXECUTIVE SUMMARY
The Home Decorative Lighting Industry is considered one of thebooming industries
as self-consciousness and income is increasingamong people, especially the rich class.
Therefore Philips being the leading electronic brand is expecting to grow in this
sector.Philip's Home Decorative Lighting includes Living colour.Ecomoods,
Decorative, Aquafit, Wall & Ceiling Desk Lights and
Outdoor. In this range Philips has got huge scope because ofpeople's trust in its brand
name. The products come in differentprices and features leaving the customers with a
variety ofchoice.Secondary data shows that Home Decorative Lighting
industryisgrowing in India and all over the world by day. And there are manyday
companies coming up with these kind of electronic
Products. HomeDecorative Lighting companies like Wipro, Bajaj and Havells
aregiving strong competition to Philips.
Table of Content
1. Literature Review
Pg 1-18
1.1 Introduction
1.2 Shaping the Future
1.3 Innovations
1.4 Company Background
1.5 History
1.6 Company Profile
1.7 Maim Inventions
1.8 Compact Cassette
1.9 Laserdisc
1.10 Compact Disc
1.11 Dvd
1.12 Blu-Ray
1.13 Corporate Affairs
1.14 CEOs
1.15 Acquisitions, Subsidiaries And Spinouts
1.16 Sports, Sponsorship And Naming Rights
1.17 Philips in India
1.18 Vision
1.19 Mission
1.20 Vision 2010 Strategy
1.21 Brand Promise
1.22 Values
1.23 Incentive to Change
1.24 Philips Way of Working
1.25 From Good to Great
1.26 Philips deals in lifestyle, healthcare and lighting division
1.27 Philips Lighting
1.28 Effect of the Product
1.29 Supplier
2. Product Profile
2.1 Philip Home Lighting
2.2 The Bedroom
2.3 The Kitchen
2.4 Reading and Writing
2.5 Halls, Stairs, Corridor & Entrance
2.6 Industrial Lighting
2.7 Office Lighting
2.8 Road & Area Lighting
2.9 Hospitality Lighting
2.10 Sports Lighting
2.11 City Beautification
2.12 Portable Lighting
2.13 School Lighting
2.14 Home Lighting
2.15 Petrol Station
Pg 18-33
Pg 34-39
Pg 39-41
4.1 Strength
4.2 Weakness
4.3 Opportunities
4.4 Threats
5. Conclusion
5.1 Findings
5.2 Suggestion
5.3 Bibliography
Pg 41-44
CHAPTER I
LITERATURE REVIEW
INTRODUCTION
Philips Lighting sector is dedicated to introducing innovative enduser driven and
energy-efficient solutions and applications forlighting based on a thorough
understanding of the customerneeds, both in public and private context.
INNOVATIONS
1891: Dutch mechanical engineer Gerard Philips starts the production of carbonfilament lamps in a former buckskin factoryin Eindhoven. Among his first major
clients are early electricity companies, which are including the provision of lamps in
thepower supply contracts. These firms set high standards of productquality, which is
therefore closely monitored by the young company.
1908: One year after its introduction onto the world market. Phipsstarts the
production of lamps that feature tungsten metalfilaments. In 1913, the successful gasfilled Half-watt lamp,equipped with a coiled tungsten filament, is launched,
followed in1915 by the smaller Arga lamp. "We have a lamp for everyapplication
is the slogan of these days. In this period, the company grows into a world-wide,
market-oriented concern.With many lamp types available, choosing the right amp for
theapplication becomes a matter for experts. Therefore, in1931, Philips opens the
world? first Lighting Design andConsultancy Centre.
1932: Extensive Philips research forms the basis for the introduces of revolutionary
new lamptypes: Low Pressure sodium (SOX) lamp. With this lamp large-scale road
lightingbecomes economically feasible.
1950: In post-war years the emphasis shifts towards innovativelighting. The right
light at the right place becomes the slogan.Product innovation is no longer the only
goal, the need to createthe optimum lighting environment is emphasized as well.
Philipssuccessfully takes on the challenge of educating the publicinlighting
awareness.
1988: Philips presents its revolutionary Arena Vision floodlighting system, thereby
setting new standards n high classstadium lighting.
1992: The Micro Power-Light gas discharge lamp for carheadlighting providescompared with halogen lamps-two tothree times as much light for only half the
energy. Moreover, MPLlamps last five times longer and feature very tight
beamcharacteristics.
1995: The TL5 system, featuring a thin fluorescent tube with adiameter of only 16
mm, offers a considerable reduction in totaloperating costs as well as substantial
savings in energy andmaterials. Because of its small size, the lamps allow much
morefreedom and flexibility in the design of optics and luminaries.
2002: LEDs, Philips and HP joint venture Lumileds is the firstcompany to introduce
a LED that produces 100 Lmw. Lifetime 100,000 hours.
COMPANYBACKGROUND
Industry- Electronics.
Founded-1891, Eindhoven.
Headquarters-Amsterdam, the Netherlands
Area served-Worldwide
Key people- Gerald kleisterlee (CEO), Jan Michielhessels(chairmanOfsupervisory
board)
HISTORY
The company was founded in 189 by Gerard Philips, a maternal cousinof Karl Marx,
in Eindhoven, the Netherlands. Its first products werelight bulbs and other electrotechnical equipment. Its first factorysurvives as a museum devoted to light sculpture.
In the 1920s, thecompany started to manufacture other products, such as vacuumtubes
(also known worldwide as valves), In 1927 they acquired theBritish electronic valve
manufacturers Mullard and in 1932 the Germantube manufacturer Valvo, both
ofwhich became subsidiaries. In 1939they introduced their electric razor, the
Philishave (marketed in the USAusing the Norelco brand name).
COMPANY PROFILE
Philips Electronics India Limited, asubsidiary of the Netherlands basedRoyal
Philips Electronics, is the leading Health and Wellbeingcompany. Today, Philips is a
simpler and more focused companywith global leadership positions in key markets of
Healthcare,Lighting and Consumer Lifestyle, addressing peoples Heathand
wellbeing needs and aspirations as its overarching theme.
MAIN INVENTIONS
Main articles
Compact Cassette,
Laserdisc,
Compact Disc
DVD, and
Blu-ray
COAMPACT CASSESTTE
In 1962 Philips invented the compact audio cassette medium for audio storage.
Although there were other magnetic tape cartridge systems,TheCompact Cassette
became dominant as a result of Philips's decision tolicense the format free of charge.
LASERDISC
Laserdisc was a 30 cm disc designed with MCA meant to competewith VHS and even
replace it It never took off but the technologiescreated for Laserdisc would later be
used again for the Compact Disc.
COMPACT DISC
Although Philips and MCA's Laserdisc project failed, Philips stillthought the format
should be able to succeed. It took them ultimately(with Sony's help) until 1982 to
successfully launch the CD.
DVD
The DVD, the eventual successor of the CD, met a long road ofsetbacks. Philips
wanted to continue with the CD in a new format calledMultimedia Compact Disc
(MMCD), while another group (ledby Toshiba) was developing a competing format,
then namedSuperDensity (SD) disc. Their representatives approached IBM for advice
onthe file system. IBM also learned of Philips and Sony's initiative. IBMconvinced a
group of computerindustry experts(amongthem Apple, Dell, etc.) to form a working
group. The TechnicalWorking Group (TWG) voted to boycott both formas unless
theymerged to prevent another format war (like the videotape format war)The result
was the DVD specification, finalized in 1995. The DVDvideo format was first
introduced in Japan in 1996, later in 1997 in theU.S. as limited test nin, then across
Europe and the other continentsfrom late 1998 onwards.
BLU-RAY
Blu-Ray. yet again primarily developed by Philips and Sony, utilizes blue-violet
colored diodes to create an even shorter wavelengthbeam than CD or DVD. Because
of this, the capacity is much more than orthat of CD or DVD.being 25 GB singlelayered or 50 GB dual-layered.
CORPORATE AFFAIRS
In 2004, Philips abandoned the slogan Lets makethings better infavor of a new
one:"Sense and simplicity".
ASM Lithography is a spin-off from a division ofPhilipsorigin, now part ofAtos
Origin, is a former division ofPhilips.
Its record division, Polygram, was sold toSeagramin 1998 toform Universal Music
Group.
Philips Intellectual Property and Standards, is the company's divisiondealing with
licensing, trademark protection andpatenting Philipscurrently holds about 55,000
patent rights, 33,000 trademarkregistrations, and 49,000 design registrations.
CEOs
Past and present CEOs
SpinoutsPolymer vision, the maker of The Readius is a spin out from PhilipsElectronics.
APRICO solutions is a venture within Philips Intellectual Property andStandards.
Philips also forayed into the pharmaceuticals market in a company bestknown as
Philips-Duphar (Dutch Pharmaceuticals). Philips-Dupharmade products for crop
protection, veterinary medicine and products forhuman use. Duphar was sold to
Solvay, now Solvay Pharmaceuticals. Insubsequent years divisions have been sold off
by Solvay, to othercompanies (crop protection was sold to UniRoyal, now Chemtura
andthe veterinary division was sold to Fort Dodge, a division of Wyeth)
PHILIPS IN INDIA
Philips started operations in India at Kolkata (Calcutta) in 1930 underthe name Philips
Electrical Co. (India) Pvt Ltd, comprising 75. It was a sales outlet for Philips lamps
imported from overseas.
In 1938,Philips India set up its first Indian lamp-manufacturing factoryin Kolkata.
After the second World War in 1948, Philips startedmanufacturing radios in Kolkata.
In 1959, a second radio factory isestablished near Pune.
In 1996, the Philips Software Centre was established in Bangalore (Itis now
called the Philips Innovation Campus)
VISION
"In a world where complexity increasingly touches every aspect of ourdaily lives, we
will lead in bringing sense and simplicity to people."
With Vision 2010. we are putting people right at the center of things,with Health and
well-being as our overarching theme. We are therebyputting into practice our mission:
improving the quality of life throughthe introduction of meaningful innovations. Gerard Kleisterlee,President and CEO of Royal Philips Electronics
BRAND PROMISE
We empower people to benefit from innovation by delivering onour brand promise of
"sense and simplicity. This brand promiseencapsulates our commitment to deliver
solutions that areadvanced, easy to use, and designed around the needs of al ourusers.
VALUES
Delight customers
Deliver great results
Develop people
Depend on each other
INCENTIVE TO CHANGE
Philips is an environmentally conscientious company and is alwayson the lookout
for ways to increase its efficiency and support theenvironment. Philips
understands that recycling lamp waste hasmany benefits for the company and
the environment in-houserecycling of lamp waste has already been implemented
in manyother Philips' plants because of its known benefit to PhilipsLighting.
PHILIPS WAY OF WORKINGl. We are a people-centric company that organizes around customers and markets.
2. We invest in a strong brand and consistently deliver on our brandpromise of "sense
and simplicity" in our actions, products andServices.
3. We deliver innovation by investing in world class strengths in end-user insights,
technology, design and superior supplier networks.
4. We develop our people's leadership, talent and engagement andalign ourselves with
high performance benchmarks.
5. We invest in high growth and profitable businesses and emerginggeographies to
achieve market leadership positions.
6. We are committed to sustainability and focus on making thedifference in efficient
energy use.
We drive operational excellence and quality to best in class levels,allowing us the
above mentioned strategic investments in our businesses.
Mobile phones
PHILIPS LIGHTING
SUPPLIER
Supplier Management focuses on leveraging the company'sspend and resources in key
areas, to improve time-to-market,reduce total cost of ownership and increase quality.
CHAPTER II
PRODUCT PROFILE
Living rooms can be made more dramatic and inviting with lighting. There isno other
room in the home to compare with the living room as regards thenumber and diversity
of the activities taking place there
Aquafit
Floor light
Nickel finish
Premium sand blasted glass, steel
Designed for Philips Tornado up to 24w lamp or E27, max. 100wlamp
Your home typically has multi-purpose spaces. At times you will use your living
room to entertain guests or to read a book or maybe to watch amovie with thefamily.
All these tasks need different lighting levels or ayers. Bycreating a layeredlighting
system, you can adapt the lighting in your room to fit thetask at hand
Wall lights can be used in various ways. You can use thesecompact fixtures to
lightlarge expanses and highlight an interesting wall texture. Or, afocused beam froma
wall light can draw attention to your favourite sculpturehe right ceiling light can be an
elegant focal point for your room.
These lights areusedthe most commonly used source of ambient light, butwhen
smartly can addcharacter to a room
Ceiling Light
Chrome finish
Premium glass, steel
Designed for Philips Tornado up to 12W lamp or
E14, max. 40W lamp.
FCG306--E14 x 4 nos.
With Philips roomstylers Spots, you can now highlight andadd drama to prized
possessions in your home and leavelasting impression on your visitors. Designed with
style andfunctionality in mind, these steel and premium handmadeglass pieces will
complement any home. More importantly,they draw attention to the decorative
features within yourhome that you hold dear.
Out Stylers
Model ewp300
Wall light
Light grey, dark grey finish
Aluminium, synthetics
Indirect down lighting
Designed for Philips Essen
E27,23W lamp
Safety and security: Good outdoor lighting is crucial for thesafety of you
porches andand your family. Areas like walkways, driveways, steps can be
potentialaccident zones if not lit properly.
Splendor and style: Well chosen and well placed outdoor lightscan convey a
These lights can extend yourstrong impression of your home.
living spaces beyondyour walls.
Desk light
The Philips Desk Light collection helps you to perform throughthe longest
worksessions, effortlessly. Backed by Philips Eye-Fi technology thatgives you flicker
freetechnology, adjustability, brightness and low glare, these must-have
workcompanions are a perfect balance of aesthetics and function.
Withbeautifelcoloursand shapes, they can add a playful touch to your child's room or
aclassy accent to your work space
Ledino (led)
Brings light that better accents mystyleGrab and bend, flex and go.A highly
directional, precise beam oflight mounted on a fully flexible armthat stays exactly
where you point it.Wall and desk lights in gray or black.
Make a shape The long, flexible arm of this desk lampis like a backbone that flexes
into any position youdesire, with enough light to illuminate a large desk.
Available in gray or black aluminum.
The kicthen
The kitchen has always been the warm, bright heart of the home. It is notonly where
meals cooked and eaten, it is also a place for conversing, studying, working and
entertaining. Whatever you cook up besure youhave the right recipe for lighting!
Industrial Lighting
Practical experience shows that good lighting in factories and workshops isan
extremely effective way of increasing Productivity and Quality.
Office Lighting
The once world is rapidly changing as a result of all kinds of influences.The Internet
in particular has had an enormous impact on the way we doour work.
Hospitality Lighting
The key to attract new clients and regular clients as well, into ahotel lies in developing
an interesting and welcoming atmosphere.
Sports Lighting
For years, Philips floodlighting installations have been satisfying thedemands of
world's top arenas. These are venues for events like the UEFAChampions League
City Beautification
The public lighting of a city will incorporate one or more of 3 mutuallydependent
components purely functional lighting aesthetic lighting, andlighting designed to
create a chosen atmosphere...
Portable Lighting
Brightness and whiteness are the two most important attributes in flashlight
application. Upgrading light source to xenon-filled bulbs is definitely thedirection of
manufacturers in the years to come.
School Lighting
There are few things more important for a school than providing studentsand teachers
with a comfortable yet stimulating environment-and lightingis one of the key
elements in achieving this Endeavour.
Home Lighting
The Research & Trends, winter 2001' report, compiled by Philips Lighting, showed
that people are becoming increasingly interested in decoratingtheir home in their own
personal style
Petrol Station
In the early Nineties the benefits of good vertical lighting of the under-canopy of
petrol stations received serious attention, resulting in thedevelopment of a set of
lighting principles.
Shop Lighting
Every shop has a different image to convey and differentproductstosell.Each aspectof
ashopshouldbecarefullydesigned with its clientele in mind. shops also carry their
ownidentity. Lighting supports a shop in its identity, shows off theshop's merchandise
to its best advantage, serving as a truemagnet, drawing customers into the shop and
persuading themto buy Philips Lighting offers many ways to attract customers,
inspire them to enter the shop, provide visual comfort anddraw them towards the
products to buy.Lighting also guides and orientates people within a shop,directing
their attention to a visual interest, highlighting detailsand workmanship and quality of
materials, and finallystimulating the customer to make a purchase. Good andeffective
Lighting for shops can only be designed based on thetype of shop and its profile and
desired image.
Technology Backgrounder
LED
What is an LED?
An LED (light Emitting Diode) is a tiny semiconductor diode that fits easilyinto an
electric circuit it's a different light generating technology from thatused in traditional
incandescent bulbs or fluorescent lamps, And unlikeordinary incandescent bulbs. they
don't have a filament that will burn out,and they don't generate infrared heat. Solely
the movement of electrons in the semiconductor material illuminates them, and they
can last60,000 hours or more in many applications.
Benefits of LEDs
LEDs are extremely practical, because they are small robust and arebased on lowvoltage technology. They can offer endless colors in a dynamic way and are fully
dimmable. LEDs offer us the chance to createlighting solutions in places and in ways
that were never possible before. Its a world of endless create possibilities. And given
their long lifetime,lowmaintenance cost and potential to significantly reduce energy
consumption(up to 80% today) and indirect CO 2 emissions they also represent
anexcellent environmental choice.
LEDs open the way to new applications also in emerging markets. Forinstance, we
may see new forms of lighting in rural areas of countries like India,china or subSaharan African countries where power suppliesarelimited.
PLAYERS IN SPACE
WIPRO
2 HAVELLS
3 BAJAJ
4. OTHER CHINA LIGHTING PRODUCTS
Chapter III
OVERVIEW OF THE INDUSTRY
PHILIPSGLOBALMARKETLEADERINHOMEDECORA
TIVE LIGHTING
Andrea Ragnetti, CEO of Philips Domestic Appliances and HOMEDECORATIVE
LIGHTING, and Chief Marketing officer of RoyalPhilips Electronics commented,
"We are the market leader in thedecorative lighting category, year after year. To have
reached thismilestone cements the fact that we are bringing products to marketwhich
consistently meet our consumers' needs" Philips technology hasbeen advancing and
simplifying people's lives since 1891. Philipspioneered major breakthroughs in
medical imaging, television, lighting,as well as being the inventors of rotary. From a
company with such highstandards in product development, it is no surprise that
Philips lightshave gone from strength to strength over the years. "If someone is
goingto buy an lights, we want them to think of Philips first. To have sold thismany
lights in our history shows us we're on the right track", AndreaRagnetti concluded.
Chapter IV
RESEARCH METHODOLGY
RESEARCH METHODOLOGY
The methodology followed by the researcher, during the preparation of the report was
collection of data thorough SECONDARY SOURCES
When an investigator uses the data that has been already collected by others, is called
secondary data. The secondary data could be collected from Journals, Reports, and
various publications. The advantages of the secondary data can be It is economical,
both in terms of money and time spent .The researcher of the report also did the same
and collected secondary data from various internet sites like www.Google.co.in and
www.yahoo.com and many more. The researcher of the report also visited various
libraries for collection of the introduction part.
Data Source
The data can be collected from two sources, i.e.. Primary and Secondary. The data on Kingfisher
Airlines has been collected from SECONDARY SOURCES like websites, books, newspapers and
magazines.
2. Research Approach
The research was carried out under following major steps:
Collection of data
Under this step the secondary data was collected though companys website,
companys manuals, brochures and other relevant published material.
Chapter V
SWOT ANALYSIS OF PHILIPS PERSONAL CARE
STRENGTH
WEAKNESS.
The youth or the students who are not earning cannot afford them.
OPPORTUNITIES.
Lifestyle changes.
THREATS
Many people prefer to buy the local or china made products which
CHAPTER V
CONCLUSION
Conclusion
Huge Market
As Philips is very popular brand, thus there is a very huge market for Philips.
Logical Monopoly
Due to very old brand, people consider Philips products to be of very high
quality and thus they avoid other emerging brands.
Big Brand
Philips is very big company which always make very high quality products
which has created very strong trust and value in minds of people.
Innovator
Philips always tries to innovate their product and made their product of as high
quality as they can.
Suggestions
Advertising through networking sites,
Now days everyone is attached to networking sites, specially youth, so targeting youth
can definitely boost the sales
E-Shopping
The notion that Indian shoppers are not satisfied till they touch and fell the product
before buying is changing rapidly. Websites like ebay, flipkart are becoming opular
among the masses as they have even started making different payment, booking
movie tickets. Booking train tickets, and flight tickets online than why not shopping?
Everything is just a click away and easier too.
earning is increasing due to high level education and industrilisation, but these people
dnt have wider choice spend.
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Books
Magazines
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