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.
Top Stories
More FromTechnology
Apple’s iPad Air is as powerful as the outgoing iPad Pro
The upgrade allows the iPad Air to handle artificial intelligence tasks and deliver overall more powerful performance
Setu launches Sesame, India’s first LLM for BFSI sector
Developed in partnership with Sarvam AI, the company hailed this as a pivotal "ChatGPT moment" in financial services.
Apple unveils new iPad Pro with advanced display, M4 chip, and Apple Pencil Pro
With a new CPU and a next-generation GPU, the new iPad Pro is also a powerful device for artificial intelligence.
Samsung re-captures top spot in Q1 shipments; India market up on healthy inventory
Global smartphone revenue grew 7% YoY in Q1 2024 and reached the highest ever in the first calendar quarter. Apple led market revenues with a 43% share
More FromTechnology
Apple’s iPad Air is as powerful as the outgoing iPad Pro
The upgrade allows the iPad Air to handle artificial intelligence tasks and deliver overall more powerful performance
Setu launches Sesame, India’s first LLM for BFSI sector
Developed in partnership with Sarvam AI, the company hailed this as a pivotal "ChatGPT moment" in financial services.
Apple unveils new iPad Pro with advanced display, M4 chip, and Apple Pencil Pro
With a new CPU and a next-generation GPU, the new iPad Pro is also a powerful device for artificial intelligence.
Samsung re-captures top spot in Q1 shipments; India market up on healthy inventory
Global smartphone revenue grew 7% YoY in Q1 2024 and reached the highest ever in the first calendar quarter. Apple led market revenues with a 43% share
Leave a Comment
Your email address will not be published. Required field are marked*