Sparsh CCTV, Innoviz, and Cron AI partner on LiDAR-camera-vision platform for India's perimeter security sector.
ByAinvest
Tuesday, Jul 15, 2025 8:04 am ET1min read
INVZ--
The collaboration aims to unlock the potential of India's growing perimeter security sector, which is valued at USD 3.23 billion in 2022 and projected to grow at a CAGR of 14% through 2030 [1]. The platform's edge-native capabilities, operating at just 8 watts with no GPU requirements, make it well-suited for Indian conditions, including harsh weather and lighting.
Sparsh CCTV, with its extensive footprint across 120+ cities and 2,000+ partners, will lead market efforts and explore local manufacturing. The platform integrates Innoviz Technologies' LiDAR technology, Cron AI's deep learning perception, and Sparsh's vision systems to deliver continuous, low-latency awareness at the edge.
"This partnership marks a major leap in how India can deploy high-performance, real-time sensing at scale," said Sanjeev Sehgal, Founder and MD of Sparsh. "By integrating global best-in-class LiDAR and 3D perception into our portfolio, we're equipping our customers — across cities, industries, and government — with intelligent systems that are built for Indian conditions and ready to scale."
The platform's development aligns with India's national programs for railway modernization and infrastructure investments, which exceed USD 1.3 billion [3]. The intelligent transport market, currently worth USD 1.44 billion in 2024, is expected to more than double by 2033 [2].
The partnership positions Innoviz Technologies to penetrate India's rapidly growing security and intelligent transport markets, with a total addressable market exceeding USD 1 billion. The collaboration leverages Sparsh's extensive distribution network of 2,000+ partners across 120+ cities to drive market penetration and local manufacturing.
References:
[1] https://www.prnewswire.com/news-releases/sparsh-cctv-innoviz-technologies-and-cron-ai-partner-to-offer-a-security-and-intelligent-transport-system-its-solution-across-india-302505514.html
[2] https://www.stocktitan.net/news/INVZ/sparsh-cctv-innoviz-technologies-and-cron-ai-partner-to-offer-a-z6fwn06jterd.html
[3] See: Indian Railways CapEx Budget, DFCCIL Project, Kavach – PIB
Sparsh CCTV, Innoviz Technologies, and Cron AI are collaborating to offer an integrated LiDAR-camera-vision perception platform for large-scale deployment in India's perimeter security sector. The platform combines 3D point cloud, video vision, and edge-native AI for real-time intelligence. This partnership aims to unlock the potential of critical infrastructure and transport monitoring in India, with the sector projected to grow at a CAGR of 11.7% from 2023 to 2028.
Sparsh CCTV, Innoviz Technologies, and Cron AI have announced a strategic partnership to develop and deploy an integrated LiDAR-camera-vision perception platform across India's perimeter security sector. The platform, designed for large-scale deployment, combines 3D point cloud, video vision, and edge-native AI to provide real-time intelligence for critical infrastructure and transport monitoring.The collaboration aims to unlock the potential of India's growing perimeter security sector, which is valued at USD 3.23 billion in 2022 and projected to grow at a CAGR of 14% through 2030 [1]. The platform's edge-native capabilities, operating at just 8 watts with no GPU requirements, make it well-suited for Indian conditions, including harsh weather and lighting.
Sparsh CCTV, with its extensive footprint across 120+ cities and 2,000+ partners, will lead market efforts and explore local manufacturing. The platform integrates Innoviz Technologies' LiDAR technology, Cron AI's deep learning perception, and Sparsh's vision systems to deliver continuous, low-latency awareness at the edge.
"This partnership marks a major leap in how India can deploy high-performance, real-time sensing at scale," said Sanjeev Sehgal, Founder and MD of Sparsh. "By integrating global best-in-class LiDAR and 3D perception into our portfolio, we're equipping our customers — across cities, industries, and government — with intelligent systems that are built for Indian conditions and ready to scale."
The platform's development aligns with India's national programs for railway modernization and infrastructure investments, which exceed USD 1.3 billion [3]. The intelligent transport market, currently worth USD 1.44 billion in 2024, is expected to more than double by 2033 [2].
The partnership positions Innoviz Technologies to penetrate India's rapidly growing security and intelligent transport markets, with a total addressable market exceeding USD 1 billion. The collaboration leverages Sparsh's extensive distribution network of 2,000+ partners across 120+ cities to drive market penetration and local manufacturing.
References:
[1] https://www.prnewswire.com/news-releases/sparsh-cctv-innoviz-technologies-and-cron-ai-partner-to-offer-a-security-and-intelligent-transport-system-its-solution-across-india-302505514.html
[2] https://www.stocktitan.net/news/INVZ/sparsh-cctv-innoviz-technologies-and-cron-ai-partner-to-offer-a-z6fwn06jterd.html
[3] See: Indian Railways CapEx Budget, DFCCIL Project, Kavach – PIB
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet