Hikvision's India Dominance Faces Threat

By Robert Wren Gordon, Published Jul 08, 2020, 10:19am EDT (Info+)

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: ********* ** *****

********* ******* ** ******* *** ***** ****'******** *** **** ** ****** ****************** *. ******, ***** ******-***** ***** ******** ******* business ****** ** * ***** ********* distributor *** *********.

** ****, ***** ******** ******* *** ********* entered **** * ***** ******* *********** leading ** *** ******** ** ***** Hikvision ****** ******* *******. ****** *** appointed ** *** ******** ******** *** CEO ***** ********* ******** * ********,**-******* ******* *** ****** **. (** *****, Hikvision ****** ***** *** "***** *********" branding.)

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

** **** ****,***** ********* *** ******* ******** *** 1 *******(~$** *******) **** * ***,*** **. ft. ******** **** ****** **** * production ******** ** ***,*** ******* *** month.

** ****** ****,***** ********* ****** ** *** **** the ********** ** *** ****** ***** of ****** *******, ** *** ********* ** *** country, *,*** ** **** **** ******, to ****** *** * ******* (~$** million) **** * ****** ******** ******* of ********* *.*–* ******* ******* *** month ***** ********* * ***** ** 1,000.

**** *** ***** ** ******** **** this ****** ******* ** ****** ******* ever **** ******.

***********, ** ******** ** **** **** year, ***** ********* *** ****-****** ** consolidate *** ****** ****** ****** ***** with*** *********** ** ***,*** ********* ******* into *****'* **** ********* *** *********/******* ** * ************* facility ** *****, *****, ******* ** km **** **** ******, ** ******* 2019.

********* *** ***** *******, **** *** *** ****:****-********* ********, part ** ** *** * ******* (~$70 *******) **********, ******** ******* *,*** jobs *** *** * ********** ******** of *.* ******* ******* *** *****.

***** ** * ******* **** *** Prama ********* ***** ******* ** *** Vasai ******* ***** ***********, **** ****** second **** ****.

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***** ********* *** ******** ********* **** the ********** ** ***** *** ****** Prime **************** ****'* "**** ** *****"**********, ***, ******* ***** ********, *** *** ***** ********* ******* will ********** **** ********* ***** ***-********* in ***** ** ***** ********** ****** by ***-****.

[*** *******] **** **** ******* * localization ****** ** ** ******* ********* and ********* ************* ** *** ******* localization ** *** **** ** ******.

**** ******** ****** ******** ******** **** ******, ** ***** ** ********* *** Prama ********* ******* ******** * ********* supplier ** *** *.*., *********** ** a ***** ** ****** *********.

**** ****, ** **** **** ** exporting ** *** *.*. *** * few ***** ******* ***** *** ****** or ***** ******* **** ** ***** for *** ******* ******* ** ******** supply.

** *** ******** ** *** ************ of *** ***** *******,****** ******* **** ******* *********, ******** **** * ******* *** 5 ******* (~$** *******) ***** ** invested **** *** ***** ********, ******** an ********** *,*** **** *** ********* production ******** ** * ******* ******* per *****, ** ** ******* ******* annually, ** ***** ****.

**** *** **** ****** ** ****** whether ***** ********* ***** **** **** realized;* ***** **** ************ ***** *, ****, ******* * 1.5 ******* ****** ******* ********** ********, unchanged **** ******* ****.

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

***** ********* *** ******* **** * dominant ****** ** *** ****** ***** surveillance ****** **** *** **** ** years, **** ****** **** ***************** ** ******* ** *** ******** market ***** ** ***** ********* ** of ******* ****.

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

***** ****************, ***** *** *** *** **** long *** * ***** ************ ***** their ******** ******. *******, ***** ******** devolved **** * ****** ***** ** the ***** ** **** ** ** June **, ****, ****** ***** ****** and *** ******** ********* ******** **** other "**** ***** *** ****-******* *****," resulting ** ********* ** ** ****** ************ **** ** ** ** ******* number ** *** ******** *********.

***** ******** ** ***** **** *******, with ********* ********** ********** ** *** *** of **** **** ** ****** ****"*********** ** *********** *** ********* ** India, ******* ** *****, ******** ** state *** ****** *****, " ***************,***** ** ****** ** *****.

********** **** "****** ******" ***** ***** a *** ******** * *****-**** ** on *** ** * "******* **** in *****" ******.

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

***** *** ******** ** **** **, *** ****** ********** *** **** under ******** ** ********* **** ***-******* firms.

[*]** ********** ****** ********** ** ****** or ***** ******* ********* **** ****** sector *********.

*** ***** **** ** **** *** already **** ****** **** **** ** distance ********** **** *********. ********* ** July * *** **** * ******* from***** ***** ************ *****, ************, ******* **** ** ***** Ltd, *** ****************** ****** ******** ********, *** ******** * ****** **** was ****** ** ***** ***** *********.

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

**** ** **** *,***** ******,*** ** *****'* **** ****-***** *************** *****.* ******* ******* ************ *** ******** ** ******** *************** ******* ******** ********* *********, ****** particular *** ** *** *********** ** Hikvision ********* **** *****'* **** ******, calling ******* ************ ***** **** ********* "a ****** ****** *******."

** ******* *******, ****** ******** *********** cybersecurity *********** ****, *** ********** *** ************ ** Hikvision **** *** *** *********:

*** **** ** ********** *** ***** companies **** ******, ***, *********, ***** are *** ******* *********, ***** *** all ******* **********, *****-***** ***********.

** **** *******, ***** *****, * spokesman *** *****'* **** ********** *****, said *** ******* *********** * "**** threat" *** ********** *** ****** *** party *** ******** ***** ** ** "back-stabbed" ** *****:

***** ** * **** ******, ********** we **** ** *****. *** ** Rahul ********* **** **** ***** **** China *** ****, *** * ***** he *** ****** *** ********** ** Mr. ****. ** ** *** ** the ***** ********* ** ***** *** has ***** ** ***** ***** *** I ***** **** **** ****-******* *** badly.

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

***** ********* ********* ** ********** **** this **** **** ***** *********** *** value ** *** ************ ***** **** in *****, ********* *,*** ******.

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

** ****** ******** ********* **** **** that ******'* *********-******* ******** *** ** line **** *** ******* **** ** India:

*** ********** ******* ******* ********* ******* Hikvision *** ******* ***** ****. *****-**, [the] ******* ****-***** ****** *****-***, *** finally *** ******** ********** ** ********* amongst *** ****** ****** ******* ** China ******** *** ******* ****** ******, leading ** ******* ******* *** *********** and ******* ****** ******* *** ******* brands, ********* *********.

*** **** ********* ********* **** ****-********** marketing,**** ** *** ***** *****, ***** *** ******** ** ****** media ***** *** **** ** ****** skirmishes, *** **** ****** ** ****** the **** ** ***** ********* ****** the ******** ******.

***** ********* *** ****** **** ********** as ********* ** *****, ** [***] majority ***** **** **** [***] ***** HQ ****—*.*. ***** ********* *****. *** policies *** ********** *** ****** **** China *** [***] ***** ****** *** no ***** **** ** ****, ****** for *********. **'* ** [***] *********** to ** ** ****** ******* **** Chinese ** *** **** ** *******... With **% ***** ** *****, ** Prama, **'* *** * ********* **** game **** ********* *******.

*** ********* ********* **** ***** *** been ** ****** ** ******** ***** domestic ****** ***-***** ** ********* ******** solutions ***** *** ***-**** ****** ********.

** **** ********** **********[*] ** ******** from *** ********* *** ******* ******** to ******* "**** ** *****" ********** and **** ******* ***** ********** *********. This ******* ** **** **** *** government *** ********** *****. *** ******** and ******* *** ****** ****** *** gone ********* ** [***] **** *** weeks. **** ********* ******* ********, *********, even *********, *** *********** ** *** their ******** ********** *** ****** *********. The ***** ** ***-*******, ********* ******* Hikvision, *** ****** ***** ******* ** on-going ****** **** *** ******.

*** ********* ************ ********* ****, **** similar ****** ** ***** *******, ***** is **** **** ****** ********* *** emulate *** ******* ***** ** *** coming *****.

*******, *** ****** ****** **** "**** in *****," **** *** ******* ********; as ***** ******** **** *** ***** call *** ***** *** *****, **************** ******(****-******* *****). *** *** ******* *** Indian ************* *** ****** ***** ** become ***** ** ****** *****, *** large *******. ******* ***** ****** *** association[s] *** ************ ** ***** **** government ***********, ******* ******* ***************, *** fast ***** ** ********** ******** ******* Self-Reliant *****. **** *** ****** *** example ** ***** * ****** ****, when *** ******** ***** ****** *** lead ** ***-******* ********* *** ***** after [***] ******* ** [***] ***** government ** *****-********* ********* *** ******, the ******** ** ******* *******. ***-******* brands *** ******* ** ***** ***** days. ** ***** ***, *** ******* is ** ****** "**** ** *****" products **** ** [***] ******* ********** buying ******, ***, *** [***] ********* [is] ***** ** ****** **** ****, towards ***-*** ******, **** "**** ** India" *********** ** *&* *** *************.

*******, ** ** ****, ***** *** currently ** ****** ************* **** *** compete ******** **** *********'* ***** *** the **** ******** ** *****'* ***** surveillance ******** ***** **** *** ***.

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

IPVM Image******* ******, ** ****** ******** ******** analyst *********** ******** * ***** ** *********'* presence ** ************** ***** ****** *** *********:

[*]*** ********* ***** **** ** **** with *** ********** ** *** ** - ****** *** *********. ***** ** no *********. *** ********** ** ***** has ** ********* ******** *** ********* problem. **** ******** ******** *** ******* are ** **** ****. ** ** important ** **** **** ********* ** India ****** ** *********** **** * local ************ [****** *. ******]. *** entrepreneur ****** *** ** *********—******* *** many *********** * **** ******** *** of **** ** ****India ****** *** *** *********'* ***** ******** **** *** ******* ****** ******* *** ******** ** *********** *** ******* *** ****** ************. That way you preserve value and protect your national interests. [emphasis added]

Hikvision: ** *******

****'* ******** *** ******* ** ********* and ***** ********* *************** **** **********. In *** **** **** **** **** receive * ********* **** ********* ** Prama *********, ** **** ****** *** post.

Ban ******?

***** *** ****** ********** *** *** to ******** *** ********* ** ********** ** ***** **** ** *** U.S., *** ****** ********* ** ********* that * *** ** **** ***** form ** ******** ** ***********.

[*]* *** ***% *********, [***] **** government ** [*] ***** **** ****** and **** *** ****** *** *******'* safety *** ********. ******* ** **** was ****** * *** ********. *** decision ** *** ********* ** ***** will **** ** ***** **** ****. The **** ***** **** **** ******* and **** **** ********* ** **** other **** [***] ********. ****** *** closely ******** *** ******* ** ************. The ********** ******* *********, **** ** USA, *** ***** ** ***** ** fast, *** ***** ***, ***** *** facts *** ****** ******** ******* ******* in *** ***.

********* *** ********* ********* **** ******* ** *** *** *** ********* Party ** *****, ******* ** **** **** ** years **** ******* ** *** *****’* largest ***** ************ ****** ************. ***********, this *********** *** **** **** * blessing *** * *****, ** ********* is ******** ************ ****** ******* ** China *** ** * *******-****** ******** manufacturer, *** ** ** *** ** the *** **********.

***** ** ** ***** **** ********* now ***** *********** ********* **** ** India, ************ *** ****-**** ************** ** its ******** ****** *****.

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

*********'* ****** ******** ** *****'* ***** surveillance ****** ****** *** ******* ********. For *******, **** ** *** ****** government ****** ********* ***, *** ******** would ** ** ***** ***** ******** take **** *** **** *&* *** engineering **** *********. **** **** ******** or **** ***** ** *** **** for ******* ************ ***** ** *** EU *** *.*. **** * ******** move ***** ******* ***** ** *** long-term; *******, ** *** ******* ** creating ***** *** ************, ** *****, in *** ***** ****.

Comments (10)

***** ******* *** **** ***********. * was ********* **** *** ************* **** going ** ** *********** *** ******* political ******** ******* ***** *** *********. In ******* ** ***** ************, *** is *** ****** ******* ******** ** that ******?

Agree: 2
Disagree
Informative
Unhelpful
Funny

**** ***** ** ***** (*******) *** Dahua (*****).

Agree
Disagree
Informative
Unhelpful
Funny

* ***, ** **** *** ***** successful ** ****** ******.

***.***********.********* ***** *** ***** ************.

***, **** *** ******* *********, ***** & ******* ***.

Agree
Disagree
Informative
Unhelpful
Funny

** **** ** (** *** ** the ****) ***** *** ***** *** they *** ****** ***. *** ****** company ** ** **** ** *** main *********** ** ***** ** *****.

Agree
Disagree
Informative
Unhelpful
Funny

** **** *** ********** * ************* unit **** *** ******** ** ******* up ** * ******* ******* *** month ** ********, ***** ***** ****.

****** *

****** *

Agree
Disagree
Informative
Unhelpful
Funny

********* ** * *** ****** ** the ******** ****** *** ** ******* and **** **** *** ******* ** get **** **** ********. ***** **** they *** ****** *** ******** ****** miserably. **** *** **** ******* *** by ******* **** ******** ** *****. Delhi *** ***** ******** **** *** have *** **** *********. **** ***** many ****** *** ** **** *** makes * ******* ***** ** ***** facility *** **** ** ******* ** in ***** *** ***** **** ** revealed. **** *** *********** ******** ******* govt ******** *** **** **** *** succeeded ** *** ** *******. ***** gets *** ** *** *********** *** its ******* **** ********* / *****. Local *********** ** **** **** *** packaging . ** *** ** *** the ****** ****** **** **** ** try *** ******* ********** **** ***** , **** *** *** ****** ** far ** ** **** ** *** Covid ** **** **** *** ******* and **** ****** **** *** **********. Hik, ***** **** **** ******* ******** at * ********** *****. **** *** experts ** ******** **** **** ****** in **** **** * ***** *** upload ** ** ***** ******* ** math *** ***** ** ***** ****** that *** ******** ** *** ******. When * *** ** **** **** are ********** ****** ** *** *** user ***** ** **** *** *** function / ***** ********* ***** **** sheets.

**+ **** ** ******** ** ***** failure **** ** **** ****. ** a ******* ** *.* ******* ****** they ** *** **** ****** ********* as ***** ***** ******* ** **********. The *** ***** ***** **+ **** nightmare. **** *** ** **** ********* to ***** ** *** *** *****..

Agree: 1
Disagree
Informative: 4
Unhelpful
Funny

*** ****: ****** ******** ***** ****** by ******* ****** ************ *******:

******* **** ** ***** ** *** apex ******** *** ************ ********, ******** serious ******** ** '******** ******' ** data **** ******* ************ ******* ********** Chinese ****** ********* ** ******* ******** establishments ****** *** *******, *** ****** navy ************ *** ***** *** *** bases *** ***** ** ****** **** closed-circuit ********** (****) ************ *******.

Agree
Disagree
Informative: 1
Unhelpful
Funny

****** ****:

********, *** ********* ************ ******* *** to ** ********* *** *** ** handed **** ** ****** *********** *** their ***********.

** **** ***** ******* *** ********** take ** ******** ***** ********? **** the ******?

Agree
Disagree
Informative
Unhelpful
Funny

******: *** ****** **** *** ******* removal ** *** ********* ***** ************ systems, ********* **** ** ******** **** non-Chinese ****** ********, ********* ** ** "internal *************"******** ** *** ****, *****'*************** ********. *** ****, ******** ** the ******** ** *******'*********** ******* *****, ****** **** **** *********** ******** are *** ******:

"**** **** (****) ***** ** ******* programmed ** ***** ******* ** ******** hardware *** **-** ** ***-***** ************, or ****** *********** ** *********** **** the ******/***** ** *** **** *** other ************ *******," *** **** ******.

*** **** **** **** ** *** cameras ******* *****'***** *-****** (***) ***** *** "******* Chinese ****** ******** **** *** ****** as *** *** ********** ** *** Department ** ********* ** ******** *** internal ***** (*****)", *** *** ****.

*** **** ***** **** ********* ***** markets "**** ** *****" (*** ***** ***** *******) *** ********* ** *** ********** controlled:

*** ******* ** ***** ******* ******* are ******** ** *** ******* ****, however, ***** ******** *** ******** ** 'Made ** *****', *** ****** ****** [...]*** ** *** ****** ******* ** surveillance ******* ** *********, ***** *** 41 *** **** ******* ********** ******* and ** ** ********* ** ***** through ** ****** *******'* *************

***** *********, *********'* ***** ******, ** 58-percent ******** ***** ** ********* ******, per*********'* *** ****** ******:

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Agree
Disagree
Informative
Unhelpful
Funny

"**** **** (****) ***** ** ******* programmed ** ***** ******* ** ******** hardware *** **-** ** ***-***** ************…

*****-**, *** ****** ** ***** ** Hikua *******?

Agree
Disagree
Informative
Unhelpful
Funny
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