Technology
Small town big money
Chief executives of banks often ask Gunnebo India managing director Sandeep Deshpande why they need closed-circuit TV cameras when there are armed guards on their premises. Deshpande, whose company makes fire safes (Chubbsafes and Steelage), CCTV cameras, and other security gadgets, says: “In many cases, the guards’ rifles were made in 1947.” Gunnebo is looking to cash in on banking expansion in non-metro cities. The company, whose turnover in the last fiscal was Rs 350 crore, hopes 40% of its FY14 revenue will come from non-metro Indian cities.
Also Read
-
India's K-shaped consumption pattern continues post pandemic
-
‘Ghost’ shopping malls on the rise in India: Knight Frank
-
AI is a potent technology for all sectors: Coforge
-
Revenue growth missing in IT services firms: Coforge's Singh
-
JSW Energy shares fall 3% in choppy trade; drop 12% in 3 sessions