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India revenue will touch $100 mn by 2025: German mobile security firm

The company is seeking to invest up to $10 million in its India operations over the next two years

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German mobile security company Giesecke + Devrient Mobile Security or G+D expects its India business to grow up to $100 million (around Rs 7 billion) by 2025, backed by rise in demand for connected devices, especially in the automobile space. 

The company, which has a 500-people strong research and development (R&D) centre in Pune, is also seeking to invest up to $10 million (approximately Rs 700 million) in its India operations over the next two years, CEO Carsten Ahrens told Business Standard.

"A major part of our global R&D operations are managed out of our Pune centre, and going forward

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