Axis Solutions bets big on city surveillance projects, corporates for growing India biz

Image
Press Trust of India New Delhi
Last Updated : Aug 24 2018 | 10:15 PM IST

Axis Communications is betting on city surveillance projects in the country along with strong demand from sectors like retail, education and hospitality to drive growth of its India business.

The Swedish company, which recently bagged a community CCTV project with close to 1,500 cameras in Hyderabad, said it is witnessing double-digit growth in its business in India.

"There is strong demand in sectors like retail, education, manufacturing, hospitality and healthcare. Besides, smart cities and city surveillance projects also present a good growth opportunity for us," Axis Communications Sales Director India and SAARC Sudhindra Holla said.

The company has undertaken the Mysore City Palace project and also works with companies like Cafe Coffee Day, Fortis and Persistent.

"Axis carries a rich lineage of over 35 years in India and during the time, we understand the pulse of the India market. With an estimated budget of Rs 2.09 lakh crores for smart city programmes by the government, we are upbeat that high end surveillance solutions are the need of the hour," he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 24 2018 | 10:15 PM IST

Next Story