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Godrej Security Solutions Aims For 85% Home Locker Segment Market Share

Godrej Security Solutions Aims For 85% Home Locker Segment Market Share

BY Realty+
Published - Friday, 31 Jan, 2025
Godrej Security Solutions Aims For 85% Home Locker Segment Market Share

The Security Solutions business of the Godrej Enterprises Group is set to strengthen its leadership position in India’s security solutions industry, aiming for a market share of 85% in the home locker segment and 70% in the safes and vaults category by 2025.

As the only organized player offering holistic security solutions across both B2B and B2C segments, the company is well-positioned to meet the growing demand for advanced and reliable technology-driven security systems.

This growth is fuelled by a focus on consumer-centric innovation, accessibility, and strategic market penetration. By utilizing an extensive network of channel partners and maintaining a robust presence on e-commerce platforms such as Amazon, Godrej ensures its solutions are easily accessible nationwide.

Pushkar Gokhale, Executive Vice-President and Business Head of the Security Solutions Business of Godrej Enterprises Group, said, "At Godrej Enterprises Group, we envision a future where well-being and security seamlessly integrate into the fabric of daily life, empowering individuals and businesses to thrive without compromise. As we chart our course toward FY-26, our focus remains on harnessing technology and customer insights to deliver solutions that are not only reliable but also anticipate the needs of an ever-evolving world. By expanding our reach to underserved markets and driving innovation, we aim to redefine industry standards and contribute meaningfully to building a secure, more resilient society.”

With a diverse product portfolio, Godrej Enterprises Group is well-positioned to leverage the growth in personal consumption and premiumization trends. Godrej’s product portfolio reflects its commitment to innovation, with cutting-edge solutions such as solar-powered CCTV cameras, safes, access control devices, safe deposit lockers and vault equipments for varied needs. The company also extends its expertise to specialized solutions, such as advanced valves for defense applications, highlighting its ability to address complex and critical requirements.

With strategic investments in R&D and a customer-first approach, Godrej remains ahead of industry trends. As part of its FY-26 vision, the Security Solutions business aims to expand its footprint into Tier 2 and Tier 3 cities while strengthening its global presence. Backed by a strong legacy of design-led innovation, Godrej continues to set benchmarks, ensuring its solutions remain future-ready and aligned with the needs of modern consumers and businesses.

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