Budget Expectations for 2021

  • Sudhindra Holla, Director, Axis Communications, India & SAARC

“We believe that a sharper focus on investments in automation of physical security systems in the defence sector will be critical with the increasing focus on border security. We are very optimistic that the funds that have been allocated for smart city initiatives will be renewed to further the implementation of advanced surveillance system that can bolster security for the citizens, especially for women and children. As business operations get back on track, we are hopeful that the Make in India policy will be more favourable so that a company like us can realign our policies to stay more relevant and conducive in the Indian market. This will help in more localization of our products and generating more employment. Reduction of GST rates and customs duties will in turn help to generate a higher deployment and proliferation of our products leading to enhanced safety and security.”

About Axis Communications

Axis offers intelligent security solutions that enable a smarter, safer world. As the market leader in network video, Axis is driving the industry by continually launching innovative network products based on an open platform – delivering high value to customers through a global partner network. Axis has long-term relationships with partners and provides them with knowledge and ground-breaking network products in existing and new markets. Axis has more than 3,734 dedicated employees in more than 50 countries around the world, supported by a global network of over 90,000 partners. Founded in 1984, Axis is a Sweden-based company listed on NASDAQ Stockholm under the ticker AXIS. For more information about Axis, please visit our website www.axis.com.