Secure Cam expands into India with Rs 200 crore project

Secure Cam IT Solutions, a United Arab Emirates-based security surveillance and IT solutions provider, is expanding into India as part of the launch of its global campaign.

The company has earmarked about Rs 200 crore for the implementation of ‘Secure Our City’ in India. As part of the $1.5 billion worldwide campaign that was announced last October, Secure Cam has promised to install about 10,000 cameras for free in one city across 150 countries by 2025.

The IT service provider has registered in India as Secure Cam India with offices in Bengaluru and Kochi.

"We are expanding into India as the country offers a fast-growing market for us within the IT sector. The surveillance camera industry in itself is expected to experience a double-digit growth of about 15 to 20 percent in the next three years and we want to ensure that we are at the forefront of the growth story," says Chairman and CEO Rijoy Thomas.

The company will soon introduce its own branded products, which it feels, will help the company strengthen its position in new markets including India.

"We are looking at a market with growth potential in excess of Rs 20,000 crore in India alone. By the end of 2019, we aim to establish our strong presence across various states in the country," he said.