Godrej Enterprises Group’s Security Solutions business has forecast a robust wedding-season performance for its home locker segment, with sales expected to grow by 20% amid rising demand for secure asset storage.
The company said India’s wedding season has become an important driver for home security purchases, as families invest significantly in gold, jewellery, cash and critical documents. With gold prices climbing sharply, concerns around theft and asset safety have intensified, prompting households to reassess how valuables are stored at home.
Weddings, the company noted, are a period of substantial asset creation for families. Increasingly, secure storage solutions are being factored into wedding planning, as households seek to protect newly acquired assets over the long term.
The Security Solutions business offers an extensive portfolio of home lockers that are sturdier than conventional cupboards and designed to protect against theft, fire and unauthorised access. These products are built to integrate with modern interiors and cater to a wide range of households, from urban apartments to larger family homes. The lockers also help mitigate risks arising from insider access during large social events.
Pushkar Gokhale, Business Head, Security Solutions, said secure storage is now closely linked to jewellery and asset purchases during weddings, creating sustained growth opportunities for the business.
In addition to metros, Tier 2 and Tier 3 cities are emerging as strong growth markets, contributing nearly 30% of the home locker business. Rising disposable incomes and increased gold ownership are key drivers in these regions. With close to 5,000 channel partners across India, the company is strengthening distribution and consumer engagement.
As Indian weddings increasingly emphasise financial prudence and security, the business is positioning home lockers as a contemporary symbol of asset protection for newly married couples and their families.
