Brihaspathi Tech setting up CCTV plant near Hyderabad with ₹70 crore

The Hindu

3 days ago

AI surveillance and security solutions provider Brihaspathi Technologies is setting up a CCTV manufacturing facility in Tuniki Bollaram, near Hyderabad.
Behind the move of the 18-year old firm — that has deployed 1.2 million CCTV cameras and counts Border Security Force (BSF), Election Commission (EC), Telangana High Court among customers — is the Centre recently making Standardisation Testing and Quality Certification mandatory from a perspective of securing such surveillance infrastructure devices.
The Make in India push of the government is also a factor, managing director Rajasekhar Papolu said, estimating the 72,000 sq ft multi-storied manufacturing plant, a research and development facility and an experience centre to entail around ₹70 crore investment.
The company has begun work to set up the plant on a 2.5 acre land parcel, he said, adding the facility is likely to be ready by December. Laptop manufacturing and exploring partnerships with drone companies for the cameras is under consideration, he said.
Brihaspathi Technologies recently raised $10 million from foreign institutional investors. It also plans making an Initial Public Offering (IPO) in 2026-27 on the back of improved financial performance. The company is confident of achieving ₹450 crore turnover this fiscal. For 2024-25, it had posted ₹204 crore turnover and ₹42 crore net profit.
On benefits of local manufacturing, Mr. Papolu said 70-80% of the final product would be made in India though import of certain components, especially the system on chip (SoC), remain inevitable. The company is constantly looking to add more 'intelligence into the cameras to make the decision making easier [for users]', he said, adding Brihaspathi now sourced cameras from various vendors depending on the customer specifications.
With STQC norm — of authorised laboratories testing the cameras — and provision of incentives for domestic manufacturing, the government is seeking to restrict imports and rein in threats and data thefts, he said.
The company's cameras are installed at diverse locations from the country's borders with Pakistan and Bangladesh, competitive exam centres, Indian Oil Corporation's LPG bottling plants to Kaziranga National Park. The Maharashtra State Road Transport Corporation has awarded the company a project to implement a comprehensive AI-enabled CCTV monitoring system across the MSRTC network, he said.