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Harrison Locks forays in new areas; eyes Rs500cr revenue by 2020
New Delhi, Aug 7 () With an aim to increase its turnover to Rs 500 crore by 2020, leading lock manufacturer Harrison Locks has forayed into new segments, including builder hardware solutions and smart security equipment.
"We have entered into new areas such as builder hardware solutions, kitchen hardware and appliances, smart security equipment and automobile security. The move would help the company in achieving our turnover target of Rs 500 by 2020," Harrison Locks Managing Director Umang
Monga told .
He said that the demand for these products in the domestic as well as international markets like Middle East and countries are increasing.
"Our exports are increasing in these regions. It would also help in pushing our turnover. Under the 'Make in India' programme of the government, we are designing and innovating new products in our manufacturing units in Aligarh and Rajkot," he said. South East Asian
