Arvind group companies eye 100% revenue growth in three years
NEW DELHI: The twin companies, walkie-talkie and
security solutions provider
Arya Omnitalk
and
Syntel
that offer enterprise communication services, owned by Sanjay Lalbhai-headed Arvind Limited, are looking to double their revenue in three years following a shift in the China-dominated supply chain.
Syntel and Arya Omnitalk earn nearly ₹200 crores and ₹250 crores in annual revenues, respectively.
'We should be able to double our revenue every three years. That's the plan. The opportunity is big, and we have the kind of competence we have built over the years,'
Paresh Shetty
, CEO, Arya Omnitalk and Syntel, told ETTelecom.
Arvind Limited is a $1.5 billion Indian conglomerate. Arya Omnitalk is a joint venture between JM Bakshi and
Arvind Group
, while Syntel is a fully-owned Arvind subsidiary.
'We have a lot of "Make in India" plans as the whole dynamics is changing in the security and surveillance market which used to be dominated by China,' the top executive said.
Syntel offers enterprise communications, security and surveillance solutions, while Arya Omnitalk provides a range of radio communication devices, including the distribution of
Motorola
's walkie-talkie equipment.
'We offer radio communication services and critical communication services, as well as provide Internet of Things (IoT)-based vehicle tracking services,' the top executive said, adding that the company has recently forayed into toll management.
The Pune-based company is also eyeing to tap opportunities in the telecom networking segment.
'We are trying to bring in switches and routers, and Wi-Fi capabilities because we now feel projects like a smart city will pick up,' Shetty added.
Under the enterprise connectivity portfolio, the group is also looking to expand its product line to include artificial intelligence (AI)-based video analytics and facial recognition.
Last year, Airtel Business partnered with Arya Omnitalk to integrate latter's smart city solutions for boosting seamless communication services.
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