DORSET & Swiss Company KABA form a venture to re-define Security <br />~Door Security Systems in India to see an all-time high~

New Delhi, April 26, 2007: With the aim of establishing a leadership position in the arena of door security systems in India, Dorset has entered into a joint venture with Swiss Company KABA. This first ever joint venture in the Indian builders hardware industry will manufacture and distribute a wide range of mechatronic and electronic locks and total access control systems under the brand name “Dorset KABA Security Systems Pvt. Ltd”. KABA will have a financial participation of 49 per cent in the enterprise.

The joint venture will set-up a new manufacturing facility  in Uttaranchal with an total  initial project  investment of Rs. twenty crores in the first phase. The enterprise will introduce mechatronic, electronic and mechanical security access systems under Dorset KABA brand in the first phase.

Dorset KABA aims to provide the most advanced technological array of locking systems to cater across all segments of the market keeping security as the prime objective. Their range of products will bring about a shift in usage from conventional mechanical locks to mechatronic lock systems unavailable in India at present. Dorset KABA will focus on institutional and commercial customers as well as on high-end private clients and OEM’s.

"We are delighted to be working with Dorset for our first venture in India and will contribute our state-of-the-art technology and superior product range to this new partnership. The joint venture aims to achieve a turnover of around CHF 6.0 million in the first year, with a profitability level usual for the sector," says Gerhard Wenger, Senior Vice President, Competence Centre Mechanic & Mechatronic, KABA.

"Our aim is to establish Dorset KABA as a leading provider of mechanical and mechatronic access systems in India. Dorset provides the joint venture an excellent distribution and service network in the subcontinent. Dorset also has a comprehensive product portfolio, in-depth expertise in the production of mechanical access systems and a keen understanding of the Indian market." says, Mr. Rajesh Bansal, Managing Director, Dorset, who is also the National President of the Federation of Indian Hardware Manufacturers and Traders Association'.

With the booming real estate industry in India, the need for security systems is at an all time high across various segments like the Hotel Industry, the Banking and Retail Sector, Research and Academic Establishments, SME’s, Factories and residences. Dorset KABA Security Systems intends to carve a position of market leadership using innovative technology coupled with one of the best-penetrated dealer networks available in the country.

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