Hikvision's India Dominance Faces Threat

By Robert Wren Gordon, Published Jul 08, 2020, 10:19am EDT

While Hikvision has become a dominant video surveillance provider in India, recent tension between the governments of India and the PRC is threatening Hikvision's business in India.

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Inside this report, we examine the rise of India over the past few years, recent conflict between the large Asian nations, and how that is impacting Hikvision's business inside of India, the world's second-largest domestic consumer population.

Background: ********* ** *****

********* ******* ** ******* *** ***** ****'******** *** **** ** Indian ****************** *. ******, ***** ******-***** ***** Security ******* ******** ****** as * ***** ********* distributor *** *********.

** ****, ***** ******** ******* and ********* ******* **** a ***** ******* *********** leading ** *** ******** of ***** ********* ****** Private *******. ****** *** appointed ** *** ******** director *** *** ***** Hikvision ******** * ********,**-******* ******* *** ****** **. (In *****, ********* ****** under *** "***** *********" branding.)

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Prama *********'* ******* *** *********

** **** ****,***** ********* *** ******* invested *** * *******(~$** *******) **** * 250,000 **. **. ******** near ****** **** * production ******** ** ***,*** cameras *** *****.

** ****** ****,***** ********* ****** ** MOU **** *** ********** of *** ****** ***** of ****** *******, ** *** ********* of *** *******, *,*** km **** **** ******, to ****** *** * billion (~$** *******) **** a ****** ******** ******* of ********* *.*–* ******* cameras *** ***** ***** employing * ***** ** 1,000.

**** *** ***** ** evidence **** **** ****** factory ** ****** ******* ever **** ******.

***********, ** ******** ** late **** ****, ***** Hikvision *** ****-****** ** consolidate *** ****** ****** market ***** ******* *********** ** ***,*** Hikvision ******* **** *****'* CCTV ********* *** *********/******* ** a ************* ******** ** Vasai, *****, ******* ** km **** **** ******, in ******* ****.

********* *** ***** *******, **** *** *** 9001:2015-certified ********, **** ** an *** * ******* (~$70 *******) **********, ******** roughly *,*** **** *** has * ********** ******** of *.* ******* ******* per *****.

***** ** * ******* from *** ***** ********* press ******* ** *** Vasai ******* ***** ***********, with ****** ****** **** left.

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***** ********* *** ******** partnered **** *** ********** of ***** *** ****** Prime **************** ****'* "**** ** *****"**********, ***, ******* ***** ********, *** *** ***** Hikvision ******* **** ********** from ********* ***** ***-********* in ***** ** ***** completely ****** ** ***-****.

[*** *******] **** **** support * ************ ****** of ** ******* ********* and ********* ************* ** 100 ******* ************ ** the **** ** ******.

**** ******** ****** ******** ******** **** ******, ** ***** ** mentioned *** ***** ********* factory ******** * ********* supplier ** *** *.*., potentially ** * ***** to ****** *********.

**** ****, ** **** look ** ********* ** the *.*. *** * few ***** ******* ***** the ****** ** ***** factors **** ** ***** for *** ******* ******* to ******** ******.

** *** ******** ** the ************ ** *** Vasai *******,****** ******* **** ******* ambitions, ******** **** * further *** * ******* (~$70 *******) ***** ** invested **** *** ***** facility, ******** ** ********** 3,000 **** *** ********* production ******** ** * million ******* *** *****, or ** ******* ******* annually, ** ***** ****.

**** *** **** ****** to ****** ******* ***** expansion ***** **** **** realized;* ***** **** ************ ***** *, ****, reports * *.* ******* camera ******* ********** ********, unchanged **** ******* ****.

Hikvision ****** ****** *****

***** ********* *** ******* into * ******** ****** in *** ****** ***** surveillance ****** **** *** last ** *****, **** a***** **** ***************** ** ******* ** the ******** ****** ***** to ***** ********* ** of ******* ****.

Recent ******** ******* ***** *** *** ***

***** ****************, ***** *** *** PRC **** **** *** a ***** ************ ***** their ******** ******. *******, these ******** ******** **** a ****** ***** ** the ***** ** **** 15 ** **** **, 2020, ****** ***** ****** and *** ******** ********* attacked **** ***** "**** rocks *** ****-******* *****," resulting ** ********* ** ** ****** servicemen** **** ** ** an ******* ****** ** PRC ******** *********.

***** ******** ** ***** came *******, **** ********* ********** ********** ** the *** ** **** that ** ****** ****"*********** ** *********** *** integrity ** *****, ******* of *****, ******** ** state *** ****** *****, " ***************,***** ** ****** ** India.

********** **** "****** ******" signs ***** * *** destroys * *****-**** ** on *** ** * "Boycott **** ** *****" poster.

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Political *******: ** ********* ** *******?

***** *** ******** ** June **, *** ****** ********** has **** ***** ******** to ********* **** ***-******* firms.

[*]** ********** ****** ********** to ****** ** ***** Chinese ********* **** ****** sector *********.

*** ***** **** ** July *** ******* **** Indian **** **** ** distance ********** **** *********. According ** **** * and **** * ******* from***** ***** ************ *****, ************, ******* **** of ***** ***, *** telecommunications ****** ******** ********, *** ******** * tender **** *** ****** to ***** ***** *********.

Famous *********** ****** *****

**** ** **** *,***** ******,*** ** *****'* **** well-known *************** *****.* ******* ******* ************ *** ******** ** his***** *************** ******* ******** ********* Hikvision, ****** ********** *** at *** *********** ** Hikvision ********* **** *****'* CCTV ******, ******* ******* surveillance ***** **** ********* "a ****** ****** *******."

** ******* *******, ****** featured *********** ************* *********** ****, *** ********** *** independence ** ********* **** the *** *********:

*** **** ** ********** all ***** ********* **** Huawei, ***, *********, ***** are *** ******* *********, these *** *** ******* government, *****-***** ***********.

** **** *******, ***** Gupta, * ********* *** India's **** ********** *****, said *** ******* *********** a "**** ******" *** criticized *** ****** *** party *** ******** ***** to ** "****-*******" ** China:

***** ** * **** threat, ********** ** **** to *****. *** ** Rahul ********* **** **** after **** ***** *** done, *** * ***** he *** ****** *** confidence ** **. ****. He ** *** ** the ***** ********* ** India *** *** ***** to ***** ***** *** I ***** **** **** back-stabbed *** *****.

Prama ********** **** *** *****, ** *****, ** *****

***** ********* ********* ** criticisms **** **** **** 2020 ***** *********** *** value ** *** ************ being **** ** *****, employing *,*** ******.

Indian ******** ****: ****-********* ********* "***** ****"

** ****** ******** ********* told **** **** ******'* Hikvision-focused ******** *** ** line **** *** ******* mood ** *****:

*** ********** ******* ******* specially ******* ********* *** running ***** ****. *****-**, [the] ******* ****-***** ****** stand-off, *** ******* *** Pentagon ********** ** ********* amongst *** ****** ****** backing ** ***** ******** has ******* ****** ******, leading ** ******* ******* the *********** *** ******* buyers ******* *** ******* brands, ********* *********.

*** **** ********* ********* that ****-********** *********,**** ** *** ***** video, ***** *** ******** on ****** ***** ***** the **** ** ****** skirmishes, *** **** ****** to ****** *** **** of ***** ********* ****** the ******** ******.

***** ********* *** ****** been ********** ** ********* in *****, ** [***] majority ***** **** **** [the] ***** ** ****—*.*. China ********* *****. *** policies *** ********** *** guided **** ***** *** [the] ***** ****** *** no ***** **** ** play, ****** *** *********. It's ** [***] *********** to ** ** ****** company **** ******* ** the **** ** *******... With **% ***** ** China, ** *****, **'* all * ********* **** game **** ********* *******.

*** ********* ********* **** there *** **** ** uptick ** ******** ***** domestic ****** ***-***** ** homegrown ******** ********* ***** the ***-**** ****** ********.

** **** ********** **********[*] of ******** **** *** customers *** ******* ******** to ******* "**** ** India" ********** *** **** towards ***** ********** *********. This ******* ** **** from *** ********** *** enterprise *****. *** ******** and ******* *** ****** brands *** **** ********* in [***] **** *** weeks. **** ********* ******* partners, *********, **** *********, are *********** ** *** their ******** ********** *** future *********. *** ***** to ***-*******, ********* ******* Hikvision, *** ****** ***** evident ** **-***** ****** bids *** ******.

*** ********* ************ ********* that, **** ******* ****** of ***** *******, ***** is **** **** ****** companies *** ******* *** Chinese ***** ** *** coming *****.

*******, *** ****** ****** with "**** ** *****," only *** ******* ********; as ***** ******** **** has ***** **** *** Vocal *** *****, **************** ******(****-******* *****). *** *** benefit *** ****** ************* are ****** ***** ** become ***** ** ****** times, *** ***** *******. Various ***** ****** *** association[s] *** ************ ** touch **** ********** ***********, through ******* ***************, *** fast ***** ** ********** policies ******* ****-******* *****. They *** ****** *** example ** ***** * decade ****, **** *** domestic ***** ****** *** lead ** ***-******* ********* and ***** ***** [***] backing ** [***] ***** government ** *****-********* ********* and ******, *** ******** is ******* *******. ***-******* brands *** ******* ** China ***** ****. ** India ***, *** ******* is ** ****** "**** in *****" ******** **** at [***] ******* ********** buying ******, ***, *** [the] ********* [**] ***** to ****** **** ****, towards ***-*** ******, **** "Make ** *****" *********** in *&* *** *************.

*******, ** ** ****, there *** ********* ** Indian ************* **** *** compete ******** **** *********'* scale *** *** **** majority ** *****'* ***** surveillance ******** ***** **** the ***.

Buy-Out ********* **** ****** ******** ******** *******

IPVM Image******* ******, ** ****** national ******** ******* *********** ******** * ***** on *********'* ******** ** India********* ***** ****** *** Hikvision:

[*]*** ********* ***** **** to **** **** *** challenges ** *** ** - ****** *** *********. India ** ** *********. The ********** ** ***** has ** ********* ******** its ********* *******. **** national ******** *** ******* are ** **** ****. It ** ********* ** note **** ********* ** India ****** ** *********** with * ***** ************ [Ashish *. ******]. *** entrepreneur ****** *** ** penalised—amongst *** **** *********** I **** ******** *** of **** ** ****India ****** *** *** *********'* ***** ******** **** *** ******* ****** ******* *** ******** ** *********** *** ******* *** ****** ************. That way you preserve value and protect your national interests. [emphasis added]

Hikvision: ** *******

****'* ******** *** ******* to ********* *** ***** Hikvision *************** **** **********. In *** **** **** IPVM **** ******* * statement **** ********* ** Prama *********, ** **** update *** ****.

Ban ******?

***** *** ****** ********** has *** ** ******** any ********* ** ********** ** ***** **** in *** *.*., *** ****** ********* is ********* **** * ban ** **** ***** form ** ******** ** forthcoming.

[*]* *** ***% *********, [the] **** ********** ** [a] ***** **** ****** and **** *** ****** the *******'* ****** *** security. ******* ** **** was ****** * *** decision. *** ******** ** ban ********* ** ***** will **** ** ***** very ****. *** **** facts **** **** ******* and **** **** ********* by **** ***** **** [the] ********. ****** *** closely ******** *** ******* at ************. *** ********** against *********, **** ** USA, *** ***** ** catch ** ****, *** after ***, ***** *** facts *** ****** ******** getting ******* ** *** way.

********* *** ********* ********* from ******* ** *** *** and ********* ***** ** China, ******* ** **** than ** ***** **** nothing ** *** *****’* largest ***** ************ ****** manufacturer. ***********, **** *********** has **** **** * blessing *** * *****, as ********* ** ******** increasingly ****** ******* ** China *** ** * private-sector ******** ************, *** as ** *** ** the *** **********.

***** ** ** ***** that ********* *** ***** significant ********* **** ** India, ************ *** ****-**** sustainability ** *** ******** market *****.

Prama ********* *****

*********'* ****** ******** ** India's ***** ************ ****** offers *** ******* ********. For *******, **** ** the ****** ********** ****** Hikvision ***, *** ******** would ** ** ***** could ******** **** **** the **** *&* *** engineering **** *********. **** same ******** ** **** would ** *** **** for ******* ************ ***** in *** ** *** U.S. **** * ******** move ***** ******* ***** in *** ****-****; *******, at *** ******* ** creating ***** *** ************, at *****, ** *** short ****.

Comments (6)

***** ******* *** **** informative. * *** ********* what *** ************* **** going ** ** *********** the ******* ********* ******** between ***** *** *********. In ******* ** ***** surveillance, *** ** *** second ******* ******** ** that ******?

**** ***** ** ***** (branded) *** ***** (*****).

* ***, ** **** are ***** ********** ** indian ******.

***.***********.********* ***** *** ***** headquarters.

***, **** *** ******* Hikvision, ***** & ******* OEM.

** **** ** (** was ** *** ****) dahua *** ***** *** they *** ****** ***. the ****** ******* ** cp **** ** *** main *********** ** ***** in *****.

** **** *** ********** a ************* **** **** the ******** ** ******* up ** * ******* devices *** ***** ** Tirupati, ***** ***** ****.

****** *

****** *

********* ** * *** player ** *** ******** market *** ** ******* and **** **** *** managed ** *** **** Govt ********. ***** **** they *** ****** *** products ****** *********. **** has **** ******* *** by ******* **** ******** in *****. ***** *** other ******** **** *** have *** **** *********. They ***** **** ****** but ** **** *** makes * ******* ***** to ***** ******** *** talk ** ******* ** in ***** *** ***** will ** ********. **** are *********** ******** ******* govt ******** *** **** have *** ********* ** far ** *******. ***** gets *** ** *** electronics *** *** ******* from ********* / *****. Local *********** ** **** only *** ********* . In *** ** *** the ****** ****** **** were ** *** *** procure ********** **** ***** , **** *** *** happen ** *** ** we **** ** *** Covid ** **** **** the ******* *** **** things **** *** **********. Hik, ***** **** **** dumping ******** ** * ridiculous *****. **** *** experts ** ******** **** data ****** ** **** than * ***** *** upload ** ** ***** website ** **** *** specs ** ***** ****** that *** ******** ** the ******. **** * POC ** **** **** are ********** ****** ** the *** **** ***** to **** *** *** function / ***** ********* their **** ******.

**+ **** ** ******** as ***** ******* **** is **** ****. ** a ******* ** *.* billion ****** **** ** not **** ****** ********* as ***** ***** ******* is **********. *** *** users ***** **+ **** nightmare. **** *** ** your ********* ** ***** to *** *** *****..

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