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What is the old name of signify innovations India Limited?

Signify Innovations India Limited, formerly known as Philips Lighting India Limited, is a leading lighting solutions company that has been at the forefront of innovation in the industry. The company changed its name to Signify Innovations India Limited in 2018 as part of a global rebranding effort by its parent company, Signify. The old name, Philips Lighting India Limited, was a reflection of its roots as a subsidiary of the renowned multinational conglomerate, Philips.

The change in name signified a new chapter for the company, as it sought to establish its own identity and brand presence in the market. While the old name had a strong association with quality and reliability due to the Philips brand, the new name was chosen to reflect the company's focus on innovation and technological advancements in the field of lighting solutions. This shift in branding was aimed at differentiating the company from its competitors and positioning it as a leader in the rapidly evolving lighting industry.

The rebranding also allowed Signify Innovations India Limited to leverage the global network and resources of its parent company, Signify, while maintaining a strong local presence in the Indian market. By aligning its name with the overarching brand strategy of Signify, the company was able to enhance its reputation and credibility among customers and partners. The new name also reinforced the company's commitment to sustainability and energy efficiency, which are core values of the Signify brand.

In conclusion, the old name of Signify Innovations India Limited, Philips Lighting India Limited, was a reflection of its heritage and association with the Philips brand. The change in name to Signify Innovations India Limited marked a strategic shift in branding and positioning for the company, emphasizing its focus on innovation and technological advancements in the lighting industry. By aligning its name with the global brand strategy of Signify, the company was able to strengthen its market presence and reputation, while continuing to build on its legacy of excellence in lighting solutions.

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