Giesecke+Devrient has earmarked roughly ₹1,100 crore for India in 2026 and is scouting acquisition targets in fintech and digital security as it builds out the country as a global service and innovation hub.
The German security technology group will channel the fresh capital into expanding its shared services operations, IT capabilities and research and development work in India. Group CEO and Chairman of the Management Board Ralf Wintergerst described India as a strategic pillar of the company’s global growth plans, serving as both a major market and a centre for innovation and service delivery.
Founded in Germany more than 170 years ago, G+D built its name in banknote printing and currency management before expanding into digital financial platforms and cybersecurity. India now features across all three segments. On the currency side, the company has a long-running relationship with the Reserve Bank of India, supporting its currency management systems and clean note policy.
Wintergerst pointed to what he called a “cash paradox”: digital payments are growing without cash disappearing. He said physical currency continues to serve as a backup payment mechanism, particularly in parts of the economy not yet fully digitised, and argued this coexistence creates opportunities for firms supplying infrastructure to both physical and digital financial systems.
Beyond currency, G+D is deepening its focus on digital identity, secure payments, connectivity and cybersecurity, betting that demand for trusted digital infrastructure will accelerate as governments, financial institutions and businesses push ahead with digital transformation. The company sees India’s fintech growth, rising connected-device adoption and government digital programmes as drivers of this demand, and believes technology developed in India could be exported to other markets. Its planned acquisitions in fintech and digital security are intended to support that strategy.
Sachin A., Division Head – Mobile Security India at G+D, said on 10 June 2026 that the planned ₹1,100 crore investment reflects strong confidence in India’s long-term growth. He noted that India’s development path is distinctive because digital adoption and legacy systems are evolving in parallel, with the same market leading on digital payments while also needing resilient currency management, secure identities and cybersecurity at scale. He added that G+D’s vision is to “create confidence in the digital age” and that the company is committed to supporting India’s ambitions as a digital powerhouse.
Whether the planned acquisitions materialise, and at what scale, will depend on valuations and regulatory approvals in India’s tightly watched fintech and security sectors — factors that could shape how quickly G+D’s India ambitions translate into concrete deals.
Giesecke+Devrient is headquartered in Munich, Germany.
