Royal Philip Electronics, which recently acquired the American light maker Genlyte, is open to inorganic growth in India.
Mr Gerard J. Kleisterlee, President and CEO, Royal Philip Electronics, said, "We will consider any attractive proposition, if it comes at an attractive price." When asked if there were candidates that fit the bill, he replied "undoubtedly".
Mr Kleisterlee added that Philips would be making significant investments across the sectors that it is operating in - lighting, lifestyle and medical systems. "We are expanding our manufacturing facility and making significant investment in energy-efficient lighting. The world wants more energy-saving solutions," he said.
Mr Gerard J. Kleisterlee, President and CEO, Royal Philip Electronics, said, "We will consider any attractive proposition, if it comes at an attractive price." When asked if there were candidates that fit the bill, he replied "undoubtedly". 
