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India's CCTV crack down could impact Chinese players

Economic Times · 2m

The Indian government plans to exclude Chinese vendors from surveillance equipment supply chains following the coordinated pager explosions in Lebanon. The move is expected to benefit local companies. The government aims to implement guidelines on CCTV cameras by October 8, and Chinese players will be affected, allowing Indian companies to gain market share. The focus on CCTV cameras predates the pager explosions, with an emphasis on security and data leakage concerns. The government seeks to ensure that manufacturing chains are secure and do not have backdoors for data leakage. The regulations also promote the use of secure elements in surveillance equipment and stricter checks on hardware and software. Existing players, such as CP Plus, Hikvision, and Dahua, may need to invest heavily in R&D to comply, potentially impacting their short-term growth. The government has also shown a preference for European players like Bosch, despite their higher cost.