Press Release

Indian Private Security Industry opens up major opportunities for Global Security Consulting and Training Companies.

Apr 16, 2013 Publisher: Global Energy Pvt.Ltd

With more than 7 million personnel engaged in securing most of the establishments and installations in the Indian Private Sector, the Indian Private Security Industry is opening many vistas of opportunities for training and consultancy for global security companies. As per Central Association of Private Security Industry (CAPSI), the industry is growing at a rate of 25% per annum. This high rate of growth is predominantly because of increasing requirement of security in the private sector especially against the backdrop of terror attacks like that of 26/11 that rocked India. Yet in spite of its size, the Indian Private Security Industry is not yet geared up or is capable enough to handle any kind of emergency situation on its own. This drawback is primarily because of lack of training, skill sets and specialised knowledge that are so very required in the modern age to counter all kinds of eventualities. With Private Security Agencies Regulatory Act of 2005 making it mandatory to have a minimum stipulated period of training for every private security personnel deployed and with Indian private sector increasingly looking for properly trained people to take secure their installations, the potential of training in the Indian private Security Industry is enormous. This potential of both the Indian Private Security Industry and its training requirements is compounded further by the fact that most of the major critical installations in India are now in the private sector domain and also because of the inability of the state owned security forces to secure all of them. Apart from training, there is also a major market for all kinds of supporting equipment that private security industry essentially require, which among others, include electronic surveillance systems, perimeter intrusion detection systems and even light armoured vehicles. While Indian laws still do not permit bulk licensing of arms for private security agencies, with the increasing threat to critical in


 

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