Pre-Budget Expectation From Akshay Sheth, VP Strategic Business, Matrix Comsec
This security market is slated for exponential growth. The right government policies favouring manufacturing of these devices in India can boost Indian Manufacturing and help export of Made In India Products to both advanced and developing countries. These Security products can be designed to be “Intelligent” for which India has the advantage of software professionals who can add value to such hardware based software intensive products. By imposing stringent duty on imports of finished, CKD, SKD products, local manufacturing of such products can have an impetus.