CP PLUS, a security surveillance systems and solutions provider, on Wednesday said it is expanding its manufacturing capacity in India to start exporting to markets like the Middle East, South East Asia and North America.
While the company did not comment on the investment details, it said, the ramp up of its facility at Tirupati, Andhra Pradesh will create an additional employment opportunity for about 1,000 people.
"We have increased the production capacity of our manufacturing facility, under the JV company, AIL Dixon Technologies at Tirupati. With this capacity expansion, CP Plus looks at setting up increased export volume to many fold to the Middle East, South East Asia, and North American markets initially," CP PLUS India CEO and MD Aditya Khemka told PTI.
He added that the current capacity is 10 million units that is being increased to 15 million units.
The unit was commissioned in December 2017 and is a 50:50 joint venture between AIL Dixon Technologies and Noida-based CP PLUS.
CP PLUS has a presence across markets like Bangladesh, China, Czech Republic, Germany, Saudi Arabia, Singapore, Philippines, Malaysia, Sri Lanka, South Africa, the UAE, Vietnam and others. The products sold in international markets are fed from its China factories.
The expansion in India will create thousands of job opportunities in various verticals like components development, PCB (Printed Circuit Board) making, electronic system design and manufacturing, quality control and logistics.
Additionally, the R&D team at CP PLUS is already working on its copyrights, patent and IPR for indigenous solutions, being developed for the Indian market.
"The current headcount is about 2,000 people and CP PLUS intends to increase to 3,000 employees...The investment will further give a boost to component level development and related infrastructure around," Khemka said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
