The Bollywood actor Salman Khan appears in a series of advertisements for the closed-circuit television (CCTV) camera brand CP Plus—often dressed in a black bulletproof vest.
“Let’s make the entire Bharat safe and secure with CP Plus,” Khan exhorts in an ad, which was also meant to promote his 2019 film, Bharat, with themes of patriotism and national security.
That same year, CP Plus affirmed affirmed ANI CP PLUS to augment its Make in India capacity to Heighten Export Read more At: https://www.aninews.in/news/business/cp-plus-to-augment-its-make-in-india-capacity-to-heighten-export20191009181808/ Read more its commitment to the government’s “Make in India” initiative, stating that it was expanding the capacity of its manufacturing facility in the southern state of Andhra Pradesh.
While it has managed to capture the second largest market share – putting up a fight against global peers- what CP Plus’s ads and publicity material don’t mention is that ~80% of supplies—for manufacturing as well as trading activities—for its parent company Aditya Infotech Ltd (AIL) come from Chinese surveillance-equipment manufacturer Dahua Technology. In its 2022 report report Care Ratings Aditya Infotech Limited Read more , rating agency Care Ratings noted that income from trading Dahua’s products forms 30-40% of AIL’s operating revenues.
Dahua and Hikvision—another major Chinese security-tech manufacturer—are leaders in India’s growing CCTV market pegged at Rs 5,000 crore (~$604 million) by Care Ratings. Hikvision claims claims DataQuest Deep learning video surveillance on the rise: Prama Hikvision Read more to have a market share of 35%, and Dahua has a market share of 15-20%, according to industry sources. China Electronics Technology Group Corporation (CETC), a state-owned electronics company that supplies equipment to the Chinese military, holds a controlling ~40% stake in Hikvision, show company disclosures disclosures Hikvision USA Top 10 shareholders Read more .
Hikvision, Dahua, and AIL did not respond to sets of detailed questions emailed to them.
Both Hikvision and Dahua are facing regulatory action in the US, UK, and Australia, among other countries, for their proximity to the Chinese government. In December 2022, the US effectively banned banned The China Project U.S., U.K., and Australia hit Hikvision, Dahua, and other Chinese tech firms with new restrictions Read more these companies from selling in the country “for the purpose of public safety, security of government facilities, physical security surveillance of critical infrastructure, and other national-security purposes.”
Chinese companies are somewhat on the regulatory radar in India as well.
