CHENNAI: The Security Solutions business of Godrej Enterprises Group has opened a new exclusive store in Chennai, deepening its footprint in the city and further strengthening its leadership across home lockers and institutional security solutions.
Since Chennai is a strategically important market for advanced security needs, The new store offers a comprehensive range of modern security solutions designed for both residential and commercial customers.
“Chennai is a key growth market for us, given the city’s deep-rooted association with gold and the increasing expectations around secure storage and protection.
The city has consistently shown strong momentum for our security solutions portfolio, and we anticipate around 20 per cent growth over the next three years, driven by rising demand for advanced home lockers and institutional security solutions.
Through this new exclusive store, we are bringing our home and institutional offerings together under one roof, allowing customers to better understand evolving security standards, technologies, and real-world use cases before making an informed decision.” said Pushkar Gokhale, business head, Security Solutions business of Godrej Enterprises Group.
Chennai continues to be a critical market for the brand, which currently commands close to 80 per cent market share in the home locker category. Godrej’s Security Solutions business has built a strong statewide presence spanning over 40 districts in TN, supported by a wide retail and partner network.
The commercial and institutional security segment is expanding at around 8 per cent year-on-year. Demand from tier II and tier III towns has also been on the rise, opening opportunities to strengthen penetration across suburban and semi-urban markets.