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Ozone, a leading player in Architecture hardware, Safes & Locks Eyes Rs.1000Cr Turnover By 2021, Plans To Diversify Into Fast Growing Security & Surveillance And IoT (Internet Of Things)


Ozone, an Everstone Capital PE Equity funded company is the market leader in the Architectural Hardware and among the Top 3 player in Safes/Vaults & Locks in the country

With its growth and diversification plans, Ozone eyes consolidated turnover of 1000 Cr by FY 2020-21

The group plans to invest Rs 100 Cr in next 2 years on diversification into new business lines, primarily in building manufacturing capability in India

Ozone Enterprise Group, an Everstone Capital PE equity funded leading player in the Architectural Hardware industry has announced an investment of over Rs 100 Cr in the next 2 years on diversification into the fast growing Security & surveillance and IoT (Internet of things) industry, primarily on building manufacturing capability for CCTV cameras and other security and surveillance products in India, and promote the ‘Make in India’ initiative.

With a diversified presence in Architectural Hardware, Safes & Vaults, Locks, Fire & Safety Doors and Urban Furniture, the brand is among the Top 3 players in Safes and Locks in the country. Riding on its aggressive growth and diversification plans, the Group is eyeing Rs 1,000 Cr turnover by FY 2021 The company, which primarily is into B2B and B2B2C segments, is all set to multiply this growth by diversifying into B2C segment with these new business lines.

With this diversification, the brand sees a lot of synergy with its existing businesses, including its manufacturing capability, R&D centres, PAN India offices, Warehouses, Service centres etc and is confident that the new business lines will also have a positive rub off on the group’s existing business lines.

Talking about its business aspirations, with its aggressive growth and diversification plans, the group is eyeing Rs 1,000 Cr turnover by FY 2021.  The company plans to invest over Rs 100 Cr in next 2 years on diversification into fast growing Security & surveillance and IoT (Internet of things) industry, primarily on building manufacturing capability for CCTV cameras and other security and surveillance products in India, and promote the ‘Make in India’ initiative.





New Delhi, July 4, 2018


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