AI SummaryDigital lock backup power systems are an emerging ₹2,500–₃,500 Cr market in India by 2028, driven by the March 2026 Indore fire tragedy and mandated NBC compliance for high-rise buildings. The opportunity is for hardware manufacturers and integrators to design and install UPS-integrated backup power modules for electronic locks in residential and commercial buildings, where power outages currently trap occupants. Timing is critical: builders and property managers across Bengaluru, Mumbai, Delhi, and Hyderabad are now actively sourcing these systems due to regulatory pressure and reputational risk. Entrepreneurs with electrical engineering, IoT integration, or building safety backgrounds should pursue this immediately, as first-mover advantage in BIS certification and builder partnerships will dominate 60–70% of market share by 2028.
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