New Delhi: March Networks, a Canada-based closed circuit television (CCTV) video systems provider, is in discussions with Delhi Metro Rail Corporation (DMRC) and Delhi Transport Corporation (DTC) to install CCTV cameras at their terminals.
"We are in advanced discussions with DMRC and DTC for putting up CCTV cameras in the stations, trains and bus terminals," March Networks president and chief executive Peter Strom said.
The development comes in the backdrop of a series of bomb blasts in the national capital in the past few weeks.
March Networks is a leading IP video systems company with a presence in almost 50 countries and a global client base of about 1,000, Strom said.
And now, it plans to spread in India, Strom said.
He said his company is negotiating with several banks and retail outlets in the country for an entire end-to-end solution, but declined to name any of the firms he is in talks with.
March Networks plans to invest about $1 million in India in the initial phase for a demonstration, training and research and development centre respectively, he said.
The company has an employee strength of 260 globally and more than a dozen in India. With its new facility in Gurgaon, it expects to expand its business in the country, especially in the financial and transportation sectors, Strom said.
A publicly traded, ISO 9001-certified company, March Networks is engaged in designing, implementing and supporting networked Internet protocol (IP) video software applications and enterprise-class hardware platforms.
The company's comprehensive software portfolio combines intelligent video and data mining with advanced video network management.
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