Latest Breaking News On - He need for commercial security has increased with the rise in tourism activities and growth of businesses gulf cooperation council gcc addition to this - Page 1 : comparemela.com
Dubai [United Arab Emirates], March 29 (ANI/BusinessWire India): Godrej & Boyce, the flagship company of the Godrej Group recently announced that their division Godrej Security Solutions plans to grow its presence in the UAE through an increased network of retail touch points by 25 per cent. The business is currently projecting a 37 per cent growth over the last fiscal year with an estimated revenue of USD 110 million. The UAE is not just an important market for Godrej Security Solutions but also for the parent company, Godrej & Boyce. Godrej & Boyce has a very ambitious growth plan charted out for the next 3-5 years and the company expects this to be bolstered by company's exports. Currently, close to 10 per cent of the revenue is being generated from exports with a focus on the Middle East, SAARC countries and Africa. For the security solutions division, 15 per cent of the export revenue is generated from the UAE market and the company is targeting a growth of 30 per