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Verdict

Homelites is the more Indian-owned choice

Homelites scores 78/100 vs Philips at 5/100 on ownership โ€” and it's Indian-owned.

78

Homelites

vs

5

Philips

Brand Comparison

Homelites vs Philips

Quantify ownership structure, origin, and control signals in one view.

Derived from documented disclosures and scored consistently.

Indian-owned profile

Homelites

India ownership score: 78/100

Foreign-owned profile

Philips

India ownership score: 5/100

Comparison Fit

These brands map as direct alternatives within Lighting.

Profile match: segment:lighting

Ownership Insight

Homelites is Indian-owned. Philips is owned by Philips India, headquartered in Netherlands.

Score Breakdown

Equity ownership

Homelites: 71.1%

Philips: 0%

Manufacturing presence

Homelites: 95%

Philips: 40%

Revenue retention

Homelites: 0%

Philips: 30%

Strategic control

Homelites: 0%

Philips: 0%

Side-by-side Details

FeatureHomelitesPhilips
Country of originIndiaNetherlands
HeadquartersKolkata, West BengalAmsterdam
FoundedUnavailable1891
Parent companyITC LtdPhilips India
Parent company countryIndiaNetherlands
Manufacturing in India95%40%
Revenue retained in India0%30%
Ownership typeIndian Public CompanyForeign Multinational
Strategic controlmixedNetherlands

More comparisons in Lighting

Foreign Competitors

Frequently Asked Questions

Which is more Indian โ€” Philips or Homelites?

Homelites is more Indian with a score of 78/100 vs Philips's 5/100.

Is Philips Indian-owned?

Philips is foreign-controlled with an Indian ownership score of 5/100, owned by Philips India (Netherlands).

Is Homelites Indian-owned?

Homelites is Indian-owned with an Indian ownership score of 78/100.

Who owns Philips?

Philips is owned by Philips India (Netherlands).

Who owns Homelites?

Homelites is owned by ITC Ltd (India).