Hikvision

 HIK Vision and Prama Technologies establish a joint venture in India
 Hikvision and Prama Technology combine forces to supply digital video surveillance in India 
Hikvision Digital Technology Co. Ltd., the leading supplier of digital video surveillance products with the headquarters in China, today announced that it has signed joint venture MOU (memorandum of understanding) with Prama Technologies to establish a joint venture in order to further enhance the penetration in the booming Indian security market.  Prama Technologies has been Hikvision's authorized distributor of H.264 Embedded DVRs, compression cards and other CCTV products in India since 2004.

Following this memorandum, Hikvision Digital Technology and Prama Technologies will sign joint venture agreement, and the joint venture will be officially effective at the beginning of November after legally procedures.  As a professional manufacturer, the joint venture will be determined to provide better service to customers by collaborating with more local distributors.  This distribution channels will enable the customers to purchase Hikvision's products locally, and to get access to technical support promptly.

"This is Hikvision's first overseas joint venture.  We are confident that Prama Technologies fully lives up to our high requirements on quality and reliability," said Andy Shen, Hikvision's India regional sales manager.  "The joint venture will definitely help us satisfy the customers' needs and further penetrate into security surveillance market."

Ashish Dhakan, president of Prama Technologies, said: "Through this cooperation, we are committed to solely sell and support Hikvision's high quality and reliable products in India.  We believe this joint venture company will facilitate Hikvision and Prama to well serve the current and future customers all across India especially in providing better local sales and technical support."

"Not only will this joint venture help us better serve our customers and expand the business in India, it will also benefit us to consolidate our leading position in CCTV security sector in this booming market,"  said Yangzhong Hu, President of Hikvison.

Download PDF version Download PDF version

Hikvision news

HikCentral Professional 2.0 now supports a broader range of security and business applications with a new user interface

Hikvision launched newly updated HikCentral Professional 2.0 security software (“HCP 2.0”), which blends feeds from multiple systems onto a single platform. HCP 2.0 can be configured to link video security devices, alarm, and access control systems, and more, including third-party systems through the OpenAPI – for easy centralised management of a variety of security and business applications. Frank Zhang, President of Hikvision’s International Product and Solution Center...

Security Essen 2022 provides an opportunity for companies to present their innovations

The security industry is booming. Whether technical high-end solutions or highly professional services - almost all sectors reported an increase in turnover last year. "These are the best preconditions for Security Essen 2022,” Oliver P. Kuhrt, CEO of Messe Essen is pleased to say. "We offer the industry a top-class platform to present new solutions compactly and efficiently to decision-makers, buyers and other experts. Security Essen covers the complete range of the security industry, an...

Hikvision collaborates with Gurtam on telematics solution

Hikvision, an IoT solution provider with video as its core competency, announced a new technology partnership with Gurtam designed to integrate its mobile products (cameras/MNVRs) with Gurtam’s Wialon GPS tracking platform. This vital integration uses the latest technologies to create a solution for logistics and transportation industry customers to enhance efficiency in their fleet operations, while also increasing road safety to maintain high-security levels for personnel and merchandis...

Hikvision case studies

Hikvision provides their HikCentral video management software to enhance real-time monitoring at Care Protect’s office in Belfast

When Care Protect wanted to upscale its operations in healthcare safety and monitoring services to a large private provider, it turned to Hikvision’s HikCentral video management software, in combination with offsite cloud video storage from Manything Pro. Care Protect is an innovative organisation. It was created to promote excellent, sustainable and consistent care delivery in health and social care settings. That innovation is reflected in the way the company integrates technology into...

Hikvision provides their security systems to enhance maintenance systems for Chaka Wind Farm

Wind is a free and unlimited resource that provides potential energy toward the growing demand for clean, renewable power. In coastlines, islands, grasslands, mountainous areas, and plateaus that lack water, fuel, and convenient transportation, wind power poses a potential boon for addressing local challenges. Chaka Wind Farm is located on the Gobi Desert in Qinghai Province, China. At an altitude of 3,200 meters (nearly 2 miles), Qinghai has abundant wind energy reserves. Since its commissioni...

Hikvision provides an intelligent traffic management solution to the city of Chorzow to streamline their public transport

With traffic levels constantly rising, cities around the world are looking for ways to manage the sheer number of traffic on their roads. The city of Chorzow in southern Poland wanted to go a step further and provide information to streamline their public transport on the roads, as well as regular vehicles. They approached Sprint, a systems integrator in Poland, who delivered an intelligent traffic management solution using Hikvision technology. City municipal Board of Streets and Bridges in Ch...