Philips to double its India revenue

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Royal Philips Electronics, an Amsterdam based company, is set to double its Indian revenues by 2015 through aggressive marketing plans backed by increased advertising spends and new product launches. Philips Electronics India, which registered a 20 per cent growth in 2010, is likely to touch Rs 90 billion (Rs 9,000 crore) in sales turnover in the next five years.

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