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Sparsh CCTV, manufacturer of electronic security equipment, plans to invest Rs 300 crore in the next five years to enhance capacity, by tapping new opportunities emerging from the government's push to use ‘Made in India’ devices.
The company will set up an anchor unit in the Electronic Manufacturing Cluster 2.0 in Kashipur, Uttarakhand with camera production capacity of one million per month.
Sparsh opened a new manufacturing facility in Haridwar last year, and the production capacity has been ramped up to 2.5 million units per year from one million in last six months. Besides, it has also set up two new warehouses in Haridwar.
Sparsh CCTV has introduced new features in the global video surveillance domain. The company also plans to improve awareness on cybersecure video surveillance, employ ‘go-to-market’ strategy in the next two to three years.
The company’s equipment were installed in tunnels between Katra-Dharam section of Udhampur-Srinagar, Baramulla Rail link project, Banihal-Sangaldan Railway Line in Jammu and Kashmir, Ayodhya Dham railway station and has bagged electrical and mechanical works at Dugga village, near Chenab bridge.
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