Business Daily from THE HINDU group of publications Saturday, Mar 14, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Diversified Schneider Electric in talks for city surveillance systems
Our Bureau Hyderabad, March 13 Schneider Electric is in talks with several State Governments for offering security consultancy and installation services for city surveillance systems. It also provides integrated solutions in nuclear installations and oil and gas projects in the country, according to the Director of Schneider Electric India, Mr C. Ravi. The diversified French major may also consider manufacturing some of these products in India. Mr Ravi said the security surveillance systems includes video surveillance and central data gathering network systems. In talks with ITC hotelsThe company is in discussions with the ITC group of hotels for centralised security and surveillance system, which could be monitored from a centralised hub, going beyond the conventional single hotel security. Interacting with media and outlining the company’s security solutions strategy, the Global Segment Manager for Security, Mr Mo Hass, and the Director of Business Development, Mr David Dalleske, said security has become a thrust area for large establishments such as airports, railway stations and hotels, and they now prefer a holistic approach. After the recent terror attacks in Mumbai, most of these large establishments and public places, including malls, are reviewing their security systems. This is where Schneider, which has over an $1-billion business from security, sees potential, Mr Ravi explained. Asked if the company was considering manufacturing some of the security products in India, Mr Ravi said the company is currently importing its requirements. However, the company may consider manufacturing as volumes go up. Schneider entered security surveillance business in India about three years ago and has since expanded its business rapidly. Even in a market which is witness to slowdown, companies will invest in security, Mr Ravi said. Typically, a city surveillance system has about 500-1,000 cameras installed, which can be monitored through a central control room. The data is transferred either through an optical fibre cable network or could even be a wireless transmission, Mr Dalleske said. More Stories on : Diversified | Convergence
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