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

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

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.
                                             

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.                                             

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->