Godrej Security Solutions Reports 20% Growth as Tier-2 Cities Drive Strong Demand

24 Nov 2025 CW Team

Growth is supported by broader economic indicators, including rising urbanisation, a 14.5 per cent increase in household financial assets in 2024, and a 30 per cent surge in festive e-commerce sales, with shipments expected to cross Rs 1.2 trillion. As new homeowners look for modern lockers, jewellers prioritise certified safes, and institutions adopt modular strong-room systems, Godrej Security Solutions is widening its offerings to provide smart, compliant, and design-focused products. Compliance remains central, with BIS and ISI certifications built into the portfolio.

According to Pushkar Gokhale, Business Head – Security Solutions, Tier-2 cities are emerging as the key growth drivers, with customers seeking secure, compliant, and lifestyle-aligned solutions. He added that the company has deepened engagement in cities such as Indore, Guwahati, and Kochi through press interactions and influencer initiatives to create awareness around home and institutional security.

With growing demand across geographies and a clear strategy for innovation and expansion, the business is poised to shape the next phase of secure living in India, true to its legacy and aligned with the aspirations of a rising Bharat.

The Security Solutions business of Godrej Enterprises Group is clocking 20 per cent year-on-year growth, fuelled by rising demand from Tier-2 and Tier-3 cities. These emerging markets now account for around 30 per cent of revenue, highlighting a clear shift in consumer adoption beyond metropolitan regions. The festive season has further strengthened momentum, supported by higher spending and increased interest in home-safety solutions across online and offline channels. The business continues to expand its reach through a network of more than 4,500 touchpoints, a strong digital presence, and a portfolio of BIS-certified safes, lockers, and connected surveillance systems.Growth is supported by broader economic indicators, including rising urbanisation, a 14.5 per cent increase in household financial assets in 2024, and a 30 per cent surge in festive e-commerce sales, with shipments expected to cross Rs 1.2 trillion. As new homeowners look for modern lockers, jewellers prioritise certified safes, and institutions adopt modular strong-room systems, Godrej Security Solutions is widening its offerings to provide smart, compliant, and design-focused products. Compliance remains central, with BIS and ISI certifications built into the portfolio.According to Pushkar Gokhale, Business Head – Security Solutions, Tier-2 cities are emerging as the key growth drivers, with customers seeking secure, compliant, and lifestyle-aligned solutions. He added that the company has deepened engagement in cities such as Indore, Guwahati, and Kochi through press interactions and influencer initiatives to create awareness around home and institutional security.With growing demand across geographies and a clear strategy for innovation and expansion, the business is poised to shape the next phase of secure living in India, true to its legacy and aligned with the aspirations of a rising Bharat.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..