Prama Hikvision, inaugurated India’s largest and first world-class manufacturing facility located at Vasai near Mumbai. Dr. V.K. Saraswat (Member, Niti Aayog and former Director General of the Defence Research and Development Organisation (DRDO) and former Chief Scientific Advisor to the Indian Minister of Defence) and Dr Neeraj Sinha (Adviser, Science & Technology) inaugurated the new facility.
With this new facility, which is part of an investment commitment of INR 500 crores, Prama Hikvision will not only be able to cater to a fast expanding domestic market but also overseas market in a phased manner. Employing over 2000 skilled and semi-skilled employees, the brown-field facility is spread over 12 acres of land comprising end-to-end production capabilities, which will also support a localization target of 50% initially and gradually transitioning to 100% localization in the next 18 months. An ISO 9001:2015 certified facility; the new factory has the capability to manufacture over 850 product models.
Ashish P. Dhakan, MD and CEO, Prama Hikvision India Pvt. Ltd., said, “This new integrated state-of-the-art manufacturing facility is an expression of our full commitment to the Government of India’s flagship ‘Make in India’ program. We remain committed as a long-term partner of the country and continue to pursue our vision of ‘Make in India for a Safer India’ with manifold commitments. We have so far invested Rs 500 Cr in this new plant with further investment commitments in the pipeline to ramp up productions, local R&D, skilling and giving back to the communities. This new unit has an installed capacity to make 1.5 million cameras per month. It has nine lines that does surface mount technology level manufacturing and enables us to make electronic chips and cameras locally instead of importing them. To upskill a significant part of the workers in this factory, many of them being unemployed before joining us, we have developed in-house training programs comprising world-class modules thus bringing them into the mainstream socio-economic fold”.