Videocon Telecom this week gambled into surveillance and security category with the roll out of CCTV camera, WallCam, which is Internet-based and analog in nature. The company expects to make an income of Rs 1,115 Crore by the end of 2021.
“We cover license for pan-India Internet service. At present, we are developing solution for broadband services. Surveillance and security is one of the segments that we think have vast potential. We are anticipating Rs 175 Crore income from this area in the present financial year and Rs 1,115 Crore by the end of 2021 from trades in retail network,” Arvind Bali, CEO, Videocon Telecom told the media here.
The firm rolled out Internet and analog protocol-based closed circuit television (CCTV) camera in the price array of Rs 1,500–2.5 Lakh per unit. It is looking at completely combined income of Rs 1,658 Crore in the present fiscal year, which comprises Rs 1,358 Crore from various sections such as smartphones, broadband, and different Internet of Things solutions.
Videocon will offer cloud storage support for recordings of these cameras at its information centre located in Mohali. “The cloud will safeguard video captured by these cameras as the recording will stay safe and sound in case there is any domestic damage. Users will get authorization on their mobile to view recordings. There are only a few well-known competitors in this section. Our telecom technologies will offer us a lead over other rivals,” Bali added further.
The firm will manufacture the CCTV cameras in the country and export the same to various parts of the world. Videocon will originally aim on 11 states in India, comprising Maharashtra, Delhi NCR, Punjab, Gujarat, Himachal Pradesh, Uttar Pradesh, Andhra Pradesh, Karnataka, and Haryana. “We will control our current national network for the new venture. To commence with, we will reinforce after-sales and sales network across 11 states. In Europe, our headquarter is located in Poland from where we will supply to CIS nations,” Bali claimed.
He stated that the firm is already operating with some of the business and government bodies to offer surveillance and security solutions. “We will offer sales service from almost 1,000 centers all over the nation,” Bali claimed.