Godrej Security wins Central Vista project, eyes Rs 10 billion revenue

22 Aug 2023 CW Team

Based on rough estimations, the expenses for implementing safety measures in this project could amount to approximately Rs 1 billion. This expansive undertaking is predicted to act as a catalyst, propelling the company's revenue by 18% during this fiscal year, reaching Rs 10 billion. This is a notable increase from the previous fiscal year's Rs 8.5 billion. Godrej Security Solutions is a significant player in the shift from traditional mechanical locks to modern, technology-driven integrated digital security systems. The company is a component of the Rs 120-billion conglomerate Godrej and Boyce.

Pushkar Gokhale, the Business Head at Godrej Security Solutions, mentioned, "We are involved in a substantial amount of work related to premises security for the Central Vista project. This order holds importance as it could potentially steer our business towards achieving the Rs 10 billion mark during this financial year." It's worth noting that the company, which has been in existence for over a century, already handles the management of locks and digital security systems for historical landmarks like the Taj Mahal, Qutub Minar, and Ajanta Ellora caves, as well as for financial institutions such as the State Bank of India, Punjab National Bank, and Muthoot.

Earlier in the present year, the company successfully secured a crucial contract to supply an advanced Key Management System to the Satish Dhawan Space Centre SHAR (SDSC-SHAR), an essential establishment within the Indian Space Research Organisation (ISRO). The system is responsible for advanced key generation and distribution, upholding the most stringent security standards for the space centre.

Also read:
Bahrain Steel partners with Essar Group for Green Steel Initiative
CM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth

The upcoming Central Vista Avenue project in India is going to incorporate the expertise of Godrej Security Solutions in ensuring safety and security, whether it pertains to scanners, vehicle access control, people access control, or barriers. According to a senior official of the company, a substantial deal has been finalised for the supervision of security measures for this renowned project. Based on rough estimations, the expenses for implementing safety measures in this project could amount to approximately Rs 1 billion. This expansive undertaking is predicted to act as a catalyst, propelling the company's revenue by 18% during this fiscal year, reaching Rs 10 billion. This is a notable increase from the previous fiscal year's Rs 8.5 billion. Godrej Security Solutions is a significant player in the shift from traditional mechanical locks to modern, technology-driven integrated digital security systems. The company is a component of the Rs 120-billion conglomerate Godrej and Boyce. Pushkar Gokhale, the Business Head at Godrej Security Solutions, mentioned, We are involved in a substantial amount of work related to premises security for the Central Vista project. This order holds importance as it could potentially steer our business towards achieving the Rs 10 billion mark during this financial year. It's worth noting that the company, which has been in existence for over a century, already handles the management of locks and digital security systems for historical landmarks like the Taj Mahal, Qutub Minar, and Ajanta Ellora caves, as well as for financial institutions such as the State Bank of India, Punjab National Bank, and Muthoot. Earlier in the present year, the company successfully secured a crucial contract to supply an advanced Key Management System to the Satish Dhawan Space Centre SHAR (SDSC-SHAR), an essential establishment within the Indian Space Research Organisation (ISRO). The system is responsible for advanced key generation and distribution, upholding the most stringent security standards for the space centre. Also read: Bahrain Steel partners with Essar Group for Green Steel InitiativeCM Gehlot approves Rs 246.81 bn investment boost for Rajasthan's growth

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..