Firepro Systems (India)

{{About|the building management company|other brands named "FirePro"|FirePro (disambiguation){{!}}FirePro}}

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{{Use Indian English|date=November 2018}}

Firepro Systems, incorporated in 1992 by N S Narendra as a proprietorship, is an Indian company that provides services for fire protection, security, and building management systems. The company went global early and used to get 25% of its revenues from overseas.{{cite web|title=India's Hidden Gems|url=https://www.forbes.com/2010/02/16/forbes-india-entrepreneurs-hidden-gems_slide_3.html|work=Forbes|accessdate=11 April 2014}} In 2008 when the real estate market suffered a setback, FirePro was affected. In 2011 the company ran into a financial crisis and was unable to pay some of its employees.{{cite news|title=FirePro Systems facing financial crisis|url=https://www.gadgetsnow.com/tech-news/FirePro-Systems-facing-financial-crisis/articleshow/11277521.cms | date=28 December 2011 | first1=Mini Joseph | last1=Tejaswi | first2=Pranav | last2=Nambiar | publisher=Times Of India| via=Gadgets Now | accessdate=25 November 2018}} On 11 May 2012, Panasonic announced plans to acquire a 76.2% stake in the Rs. 700 crore Firepro Systems.{{cite news|url=http://economictimes.indiatimes.com/news/news-by-industry/cons-products/electronics/panasonic-acquires-76-stake-in-firepro-systems/articleshow/13094230.cms|title=Panasonic acquires 76% stake in Firepro-Systems|publisher=Economoctimes.indiatimes.com|date=11 May 2012|accessdate=26 May 2012}}[http://news.panasonic.com/global/press/data/en120511-9/en120511-9.pdf Panasonic announces that it makes Firepro Systems Private Limited (India) its sub-subsidiary through Share Acquisition]