Godrej Security wins Central Vista project, eyes Rs 10 billion revenue
ECONOMY & POLICY

Godrej Security wins Central Vista project, eyes Rs 10 billion revenue

The upcoming Central Vista Avenue project in India is going to incorporate the expertise of Godrej Security Solutions in ensuring safety and security, whether it pertains to scanners, vehicle access control, people access control, or barriers. According to a senior official of the company, a substantial deal has been finalised for the supervision of security measures for this renowned project.

Based on rough estimations, the expenses for implementing safety measures in this project could amount to approximately Rs 1 billion. This expansive undertaking is predicted to act as a catalyst, propelling the company's revenue by 18% during this fiscal year, reaching Rs 10 billion. This is a notable increase from the previous fiscal year's Rs 8.5 billion. Godrej Security Solutions is a significant player in the shift from traditional mechanical locks to modern, technology-driven integrated digital security systems. The company is a component of the Rs 120-billion conglomerate Godrej and Boyce.

Pushkar Gokhale, the Business Head at Godrej Security Solutions, mentioned, "We are involved in a substantial amount of work related to premises security for the Central Vista project. This order holds importance as it could potentially steer our business towards achieving the Rs 10 billion mark during this financial year." It's worth noting that the company, which has been in existence for over a century, already handles the management of locks and digital security systems for historical landmarks like the Taj Mahal, Qutub Minar, and Ajanta Ellora caves, as well as for financial institutions such as the State Bank of India, Punjab National Bank, and Muthoot.

Earlier in the present year, the company successfully secured a crucial contract to supply an advanced Key Management System to the Satish Dhawan Space Centre SHAR (SDSC-SHAR), an essential establishment within the Indian Space Research Organisation (ISRO). The system is responsible for advanced key generation and distribution, upholding the most stringent security standards for the space centre.

Also read: 
Bahrain Steel partners with Essar Group for Green Steel Initiative
CM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth


Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The upcoming Central Vista Avenue project in India is going to incorporate the expertise of Godrej Security Solutions in ensuring safety and security, whether it pertains to scanners, vehicle access control, people access control, or barriers. According to a senior official of the company, a substantial deal has been finalised for the supervision of security measures for this renowned project. Based on rough estimations, the expenses for implementing safety measures in this project could amount to approximately Rs 1 billion. This expansive undertaking is predicted to act as a catalyst, propelling the company's revenue by 18% during this fiscal year, reaching Rs 10 billion. This is a notable increase from the previous fiscal year's Rs 8.5 billion. Godrej Security Solutions is a significant player in the shift from traditional mechanical locks to modern, technology-driven integrated digital security systems. The company is a component of the Rs 120-billion conglomerate Godrej and Boyce. Pushkar Gokhale, the Business Head at Godrej Security Solutions, mentioned, We are involved in a substantial amount of work related to premises security for the Central Vista project. This order holds importance as it could potentially steer our business towards achieving the Rs 10 billion mark during this financial year. It's worth noting that the company, which has been in existence for over a century, already handles the management of locks and digital security systems for historical landmarks like the Taj Mahal, Qutub Minar, and Ajanta Ellora caves, as well as for financial institutions such as the State Bank of India, Punjab National Bank, and Muthoot. Earlier in the present year, the company successfully secured a crucial contract to supply an advanced Key Management System to the Satish Dhawan Space Centre SHAR (SDSC-SHAR), an essential establishment within the Indian Space Research Organisation (ISRO). The system is responsible for advanced key generation and distribution, upholding the most stringent security standards for the space centre. Also read:  Bahrain Steel partners with Essar Group for Green Steel InitiativeCM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth

Next Story
Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

Next Story
Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

Next Story
Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000