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Abus to Enter into India’s Realty and Hospitality Sector

Abus Security Center, a wholly owned subsidiary of Abus Group of Germany plans to tap India’s booming realty and hospitality sectors. The mechanical and electronic security technology company has already tied up with Bengal Peerless Housing Development Company and Calcutta Medical and Research Institute (CMRI) for providing security solutions, said Philippe Bremicker, managing director, Abus Security Centre.

“The complete security solutions market in Germany alone is estimated to be Euro 2.6 billion. Given India’s population, particularly the size of its middle class, we expect this market in India to be much larger,” he said.

Abus products include video and IP cameras, digital recorders, PCI monitoring cards and wireless alarm systems. The company has tied up with Eastern Institute of Integrated Learning in Management for market research and product rollout. Bremicker said the company is starting its Indian journey from Kolkata but would soon spread wings across the country.

News Published Under:   Bangalore, Delhi, Gurgaon, Kolkata, Mumbai, Noida, Pune | No Comments »

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