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Godrej Security Solutions to invest Rs 100 cr in R&D, branding next 2 years

The company seeks to expand retail footprint in tier-II and III markets, is strongly focussed on Africa for exports

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Godrej

Virendra Singh Rawat Lucknow
India’s top security solutions company Godrej Security Solutions (GSS) plans to invest Rs 100 crore on research & development (R&D) and branding in the next 2 years.

Besides, the Godrej Group entity is working on a roadmap to expand retail footprint in India, especially tier II and III markets.

“We have chalked out a plan to invest about Rs 100 crore in R&D and marketing initiatives, of which the bulk would be pumped into new product development,” GSS vice president and global head (marketing, sales and innovation), Mehernosh Pithawalla, told Business Standard here today.

At the same time, the company

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