Private Security Industry: Private-security-industry

The Mumbai attack of 26/11 brought the Indian private security industry or the manned guarding industry in the focus. The security guards of Hotel Taj were the first ones to encounter the terrorists and many experts commented that had the guards been trained and armed to face the situation, the story would have been less tragic.

The industry was born in the 60’s with a handful of players. According to industry sources, Private Security Industry is estimated to be worth INR 22,000 crore and is likely to cross INR 40,000 crores by 2015. The industry growth could be attributed to the key drivers like growing urbanization and increasing insecurity, mushrooming of shopping malls and self contained townships, frequent terror attacks, shortage of police personnel and last but not the least security agency itself being a profitable business. A more economic justification for engaging private security is that insurance companies particularly fire insurance carriers will give substantial discount to sites as presence of security reduces odds of incidence.

As early as in 2006 it was reported that the industry was paying Rs 10,000 crores to the exchequer by way of service tax, provident fund, contributions to employees insurance etc. The PSA’s have become an important segment of the economy, by not only contributing to the Government but by generating employment opportunities for urban and the BPL youth.

The industry’s most notable growth has been in the past 6-7 years, with a CAGR of over 25 %. The number of companies operational is approximately 15000 including both unorganized and organized. There are over 5 million private security guards available as compared to 3.2 million police officers contributing to one of the major factors in boosting the demand in the industry. Today the industry is perceived to be growing at 40%.

Team Leader

Akhil Gupta

Additional Director

2025

Feb

Event Feb 07,2025

FICCI CSO Conclave 2025

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2024

Sep

Event Sep 26,2024

Role of Geospatial Technologies for Disaster Risk Mitigation and Management

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Jun

Event Jun 06,2024

Training Programme on Chemical & Industrial Safety: Disaster Risk Reduction

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Mar

Study Mar 18,2024

Women Safety At Workplace - 2nd Edition

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Event Mar 18,2024

Conference on Industrial Safety & Disaster Risk Reduction

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2023

Oct

Event Oct 20,2023

FICCI CSO Conclave 2023

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Sep

Event Sep 13,2023

UNDRR ARISE Annual General Meeting (AGM) 2023

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Jul

Press Release Jul 21,2023

Prevention is one of the ways to mitigate not just risk but cost as well: Chairman, Central Vista Oversight Committee

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Event Jul 20,2023

Conference and Mock Drill on Chemical, Biological, Radiological and Nuclear (CBRN) Disaster Risk

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May

Study May 12,2023

Prevention of Sexual Harassment at Workplace

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Event May 11,2023

Workshop on Women Safety at Workplace

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Apr

Press Release Apr 19,2023

"We need to identify the risk disrupting our growth and mitigate them": Mr Rajendra Ratnoo, ED-NIDM Ministry of Home Affairs

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Study Apr 19,2023

India Risk Survey 2022

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Event Apr 19,2023

Seminar on New Age Risks

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Mar

Press Release Mar 11,2023

Prime Minister Narendra Modi Inaugurates the Disaster Risk Reduction Exhibition during the 3rd session of National Platform for Disaster Risk Reduction

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Event Mar 10,2023

3rd Session of National Platform for Disaster Risk Reduction

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Feb

Event Feb 28,2023

Conference on Industrial Disaster Risk Management & FICCI - GIZ Awards

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2022

Dec

Survey Dec 31,2022

India Risk Survey

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Nov

Event Nov 29,2022

Meeting with Delegation from United Nations Office for Disaster Risk Reduction (UNDRR)

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Event Nov 09,2022

Conference on Industrial Disaster Risk Management: Focus on Identifying System & Seismic Risks, Pipeline Security and Resilience of Critical Infrastructure

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May

Event May 27,2022

Dialogue on Role of Innovations in DRR - Building Resilience in New Normal & SARTHI Awards

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Event May 23,2022

Global Platform on Disaster Risk Reduction(GP) 2022

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Mar

Press Release Mar 04,2022

FICCI-Pinkerton 'India Risk Survey' identifies Natural Hazards, Cyber Insecurity and IP theft as top three risks for businesses

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Study Mar 04,2022

India Risk Survey

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Event Mar 04,2022

Webinar on New Age Risks

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Feb

Event Feb 25,2022

Launch of Strengthening and Amplifying Resilience Through Innovation 'SARTHI Initiative': Building Resilience in the New Normal

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Event Feb 21,2022

E-Conference on Safety Precautions and Safe Functioning After COVID

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Event Feb 21,2022

E-Conference on Safety Precautions and Safe Functioning After COVID

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Jan

Event Jan 19,2022

Building Resilience in Infrastructure and Establishments: Focus on Minimizing Economic Losses Due to Natural Hazards

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2021

Nov

Event Nov 02,2021

Webinar on Cyber Risk Mitigation and Disaster Management

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May

Event May 24,2021

Webinar on 'Earthquake and Fire Safety in Industrial Establishments'

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Event May 11,2021

COVID-19 Second Wave and Logistic Supply Chain Management

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Jan

Event Jan 28,2021

eConclave on Fostering Cyclone Resilience in Industries, Infrastructure and Communities

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2020

Dec

Event Dec 28,2020

Webinar on Chemical Industrial Disaster Management: Public Liability Insurance Act

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Nov

Event Nov 25,2020

Online Training Programme on Industrial Safety : Planning and Management

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Event Nov 10,2020

Unmasking the Fraud - The Legal Way

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Oct

Event Oct 08,2020

eConclave on Fostering Earthquake Resilience in Industries and Developments

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Sep

Press Release Sep 01,2020

3 bills on labour reforms to be tabled in upcoming parliament session - Santosh Gangwar

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Event Sep 01,2020

Future of Private Security Industry - Code on Wages: Safeguarding Rights of Lakhs of Essential Services Workers

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Aug

Press Release Aug 17,2020

Structured response group critical to manage disaster management: Executive Director, NIDM

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Press Release Aug 07,2020

Industry should focus on producing private security equipment in India and for export market: Nitin Gadkari

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Event Aug 07,2020

Future of Private Security Industry - Atmanirbhar Bharat: Boosting MSMEs for Quality Security Services & Manufacturing of CCTV and Fire Safety Systems

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Jul

Event Jul 24,2020

Webinar on Zero Incidence and Preventive Culture in the Industry

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Event Jul 18,2020

Webinar on Maintenance Measures for Industrial Safety

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Event Jul 03,2020

Role of Innovation/Technology in Industrial Safety & DRR - Part II

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Jun

Event Jun 26,2020

Role of Innovation/Technology in Industrial Safety & DRR

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Press Release Jun 12,2020

Stringent execution of rules must to ensure zero industrial accidents - ED, NIDM, MHA

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Event Jun 12,2020

Webinar on Safe Storage and Handling of Hazardous Chemicals in the Industry

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Event Jun 05,2020

Webinar on Psycho-Social Care and Mental Health in Industry Post Lockdown

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May

Event May 23,2020

Webinar on Bridging The Information Gap - How Can We Truly Democratise Access To Information

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Event May 22,2020

Webinar on Industrial Safety: Coping with the New Normal

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Event May 15,2020

Re-opening of Industries: Post Lockdown Orientation towards Industrial Safety

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Event May 04,2020

Impact of coronavirus on MSMEs and Business Continuity in India

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Feb

Event Feb 25,2020

First Round table Meeting on Drought

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Press Release Feb 06,2020

Climate change is a major global challenge: Babul Supriyo, MoS, MoEFCC

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Event Feb 06,2020

National Conference on Recent Trends in Environment Pollution and Disaster Risk Reduction

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2019

Dec

Event Dec 04,2019

35th Conference on Disaster Risk Reduction & Industrial Safety: Major Initiatives in North-East towards Disaster Resilience

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Aug

Event Aug 30,2019

Private Security Industry Conclave (PSIC) 2019: Creating Jobs - Securing New India

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Jul

Press Release Jul 09,2019

Govt to reduce granting environmental clearances to 70-80 days - Prakash Javadekar

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Event Jul 08,2019

CIDM 2.0 : Conference on Industrial Safety & Emergency Preparednes

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May

Press Release May 27,2019

FICCI-ADPC pact to promote disaster risk management in private sector

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Event May 13,2019

FICCI Events: FICCI's Representation in UNISDR ARISE Board Meeting

Global Platform For Disaster Risk Reduction

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Mar

Press Release Mar 19,2019

Enhancing Public and Private Investment in Disaster Reduction to ensure sustainable development- Special Representative of the UN Secretary General for Disaster Risk Reduction

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Event Mar 18,2019

India Japan Workshop on Disaster Risk Reduction : Launch of ARISE India

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Feb

Event Feb 04,2019

4th World Congress on Disaster Management

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2018

Oct

Press Release Oct 28,2018

Target of a house for each family to be achieved ahead of schedule - Hardeep Puri

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Sep

Event Sep 03,2018

FICCI at UNISDR ARISE Global Board Meeting 2018

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Aug

Study Aug 03,2018

Private Security Industry: Job Creation and Skill Development

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Event Aug 03,2018

Private Security Industry Conclave (PSIC) 2018

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Jun

Press Release Jun 19,2018

Small industries must get in-hand training on Industrial security: UP Governor Ram Naik

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Event Jun 19,2018

Conference on Industrial Safety & Emergency Preparedness

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Press Release Jun 14,2018

Gen. N C Vij takes over reins of disaster risk reduction activities in FICCI; calls for thrust on Innovations in Urban Risk Reduction and Risk Informed Investment

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Event Jun 14,2018

FICCI Events: Gen N C Vij, PVSM, UYSM, AVSM, Former Founder Vice-Chairman, National Disaster Management Authority and Former Chief of the Army Staff, takes over as Chairman of UNISDR Arise FICCI board for disaster risk reduction in private sector

Gen N C Vij, PVSM, UYSM, AVSM and Former Chief of the Army Staff, takes over as Chairman of UNISDR Arise FICCI board for disaster risk reduction in private sector

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Mar

Event Mar 14,2018

Conference on Chemical & Industrial Disaster Management

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Jan

Event Jan 16,2018

Board Meeting of UN-Private Sector Initiative on Disaster Risk Reduction-Arise FICCI

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Press Release Jan 16,2018

Private Sector Role Critical in Disaster Management: Dr Robert Glasser

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2017

Nov

Study Nov 10,2017

Indian private security industry Preparing for the next leap

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Event Nov 10,2017

Private Security Industry Conclave (PSIC) 2017

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Oct

Event Oct 11,2017

Conference on Chemical & Industrial Disaster Management

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Jun

Event Jun 23,2017

Seminar on New Age Risks 2017

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May

Event May 30,2017

National Conference on Chemical & Industrial Disaster Management

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2016

Nov

Event Nov 17,2016

Conference on Chemical (Industrial) Disaster Management (CIDM): Disaster Risk Reduction Measures in Chemical, Steel & Metallurgical, Fertilizer, Pharmaceutical, Petrochemical, Petroleum and Natural Gas Industries

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Event Nov 02,2016

Global United Fund Business Investment Opportunities

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Oct

Event Oct 06,2016

United Nations Asia Regional Plan for Implementation of the Sendai Framework for Disaster Risk Reduction 2015-2030

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Sep

Event Sep 14,2016

Private Security Industry Conclave (PSIC) 2016

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Jun

Event Jun 20,2016

2nd Meeting of the Advisory Working Group to support development of the 'Asia Regional Plan for Implementation of the Sendai Framework

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May

Event May 12,2016

Chemical (Industrial) Disaster Management Conference on Disaster Risk Reduction Measures in Chemical, Petroleum and Gas Industry

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Event May 06,2016

Private Public Partnership Meeting with Ms Feng Min Kan, Special Advisor and UN Special Representative of the Secretary General, United Nations and Head UNISDR

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2015

Dec

Event Dec 17,2015

UAE Launch of Uttar Pradesh Pravasi Diwas 2016

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Press Release Dec 02,2015

Indian security services industry expected to grow from INR 40,000 to 80,000 crore by 2020: FICCI-Grant Thornton report

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Study Dec 02,2015

Private security services in India 2015

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Event Dec 02,2015

Private Security Industry Conclave (PSIC) 2015

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Nov

Event Nov 23,2015

Global Conference on Disaster Risk Reduction - Major Initiatives in North East towards Disaster Resilience

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Aug

Press Release Aug 24,2015

Enabling environment needed for disaster risk reduction, says Kiren Rijiju

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Event Aug 24,2015

Enhancing Private Sector Partnership for Disaster Risk Reduction

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Event Aug 05,2015

Chemical (Industrial) Disaster Management (CIDM) Prevention, Preparedness and Emergency Response to Chemical Disasters with Special Reference to Transportation and Oil & Gas Sector

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Jul

Event Jul 10,2015

Earthquake Disaster Mitigation in India (EDMI-2015)

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Press Release Jul 09,2015

FICCI to organize the conference on earthquake disaster mitigation in the country

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May

Event May 06,2015

Conference on Chemical (Industrial) Disaster Management: Preparedness and Emergency Management of Chemical, Petroleum, Petroleum Products and Natural Gas Industry

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Feb

Event Feb 09,2015

Regional Conference on CIDM :“Emergency Preparedness & Disaster Risk Reduction in Chemical, Petroleum, Petrochemical and Natural Gas Industry”

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2014

Dec

Press Release Dec 16,2014

"businesses need to go beyond the limited CSR based framework for a more comprehensive engagement to address the disaster risk" - says Cabinet Secretary Ajit K. Seth

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Press Release Dec 15,2014

"need to make the region stronger than any other region in the field of disaster risk reduction and disaster risk management by coming together and putting aside political issues between the countries for the greater good", says MoS Kiren Rijiju

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Event Dec 15,2014

1st SAARC Regional Conference on Disaster Risk Reduction & Business Continuity Planning in South Asia: Redefining Private Sector Engagement for Risk Management & Response

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Event Dec 04,2014

Roundtable Conference on Innovations in Technology for Disaster Rescue Efforts amongst ASEM countries

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Press Release Dec 03,2014

Kiren Rijiju inaugurating the meeting on Disaster Rescue Efforts amongst Asia-Europe Meeting (ASEM) countries tomorrow at Vigyan Bhawan

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Nov

Event Nov 01,2014

Private Security Industry Conclave (PSIC) 2014

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Sep

Event Sep 29,2014

Conference on CIDM: Emergency Planning & Disaster Management in Chemical, Petroleum, Petrochemical and Pharmaceutical Industry

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Jun

Event Jun 30,2014

Conference on CIDM - Emergency Preparedness & Disaster Risk Reduction in Chemical, Petroleum, Petroleum Products & Natural Gas Industry

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Jan

Event Jan 30,2014

Conference and Exhibition on Chemical (Industrial) Disaster Management (CIDM) - "Disaster Risk Reduction in Chemical Industries, Safe Transportation of Petroleum, Petroleum Products & Natural Gas"

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2013

Nov

Study Nov 15,2013

Private security services industry: Securing future growth

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Event Nov 15,2013

Private Security Industry Conclave (PSIC)

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Event Nov 11,2013

Conference on Chemical (Industrial) Disaster Management (CIDM)

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Sep

Event Sep 18,2013

FICCI Events: FICCI member Bank of Tokyo contributes to Prime Minister's Relief Fund for Uttarakhand Rehabilitation by handing over the cheque to SG FICCI

FICCI Appeal for Uttarakhand Rehabilitation

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Event Sep 12,2013

Conference on Safe Management of Chemical, Petroleum and Petrochemical Industries

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Policy Sep 01,2013

Discussion Paper on Private Security Agency Regulation Act 2005

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Policy Sep 01,2013

Proposed Guidelines for Cash Logistics companies in India

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Policy Sep 01,2013

Armed Security for Cash Logistics

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Jul

Event Jul 17,2013

First Meeting of FICCI Task Force on Uttarakhand Rehabilitation and Relief

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Press Release Jul 03,2013

FICCI Sets up Task Force to Assist in Reconstruction and Rehabilitation Work in Uttarakhand

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Jun

Policy Jun 27,2013

Private Security Workers - Request for categorization as Skilled / Highly Skilled workers under Central & State Minimum Wages

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May

Event May 13,2013

Conference and Exhibition – National Platform for Disaster Risk Reduction

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Apr

Event Apr 17,2013

National Conference on Animal Disaster Management

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Event Apr 16,2013

National Conference on Chemical (Industrial) Disaster Management : Chemical, Pharmaceutical & Hydrocarbon Industry

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2012

Nov

Event Nov 26,2012

Conference on Best Practices for Disaster Management in Chemical, Petroleum, Petrochemical and Pharmaceutical Industry

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Jun

Study Jun 21,2012

Publications on Chemical (Industrial) Disaster Management

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Event Jun 21,2012

Conference on Chemical (Industrial) Disaster Management (CIDM)

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Feb

Event Feb 16,2012

Conference on CBRN Disaster Management and Security (CBRN-DMS-2012)

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Event Feb 06,2012

Conference on Chemical (Industrial) Disaster Management

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2011

Dec

Event Dec 12,2011

National Conference on "Biological Disaster Management: A Step towards Building National Capacity & Resilience - the role of Industry under PPP"

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Sep

Event Sep 08,2011

Conference on Emergency Planning in Industries, Hazardous Waste Management and Safe Storage, Transportation of Petroleum, Petroleum Products, Natural Gas through Pipelines & POL Tankers

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Jul

Event Jul 21,2011

Conference on Earthquake Risk Management for Industries (ERMI-2011)

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May

Event May 19,2011

Conference on Safe Processing, Waste Management, Storage & Transportation of Chemicals, Petroleum, Petroleum Products & Natural Gas

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2010

Dec

Event Dec 16,2010

Conference on Disaster Risk Reduction in Industries

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Aug

Event Aug 30,2010

Conference on Emergency Planning in Industries Including HWM and Transportation of Petroleum, Petroleum Products, Natural Gas by Pipelines & POL Tankers

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Jun

Event Jun 04,2010

Conference on Food Security, Safety and Processed Food during Disaster Situations

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Feb

Event Feb 15,2010

Conference on Chemical(Industrial) Disaster Management: Global Perspective

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2009

Nov

Event Nov 30,2009

National Conference on Safe Transportation of Hazardous, Dangerous Goods Through Land, Air, Sea and Pipelines

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Aug

Event Aug 12,2009

Conference On Safety & Security of Chemicals, Petroleum, Petroleum Products & Natural Gas at Storages, Warehouses, Ports and Transportation through Pipelines & Containers

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Feb

Event Feb 11,2009

Conference on CIDM, Pipelines, Storages & Medical Preparedness

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2008

Mar

Event Mar 27,2008

National Conference on Industrial (Chemical) Disaster Management

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Feb

Event Feb 28,2008

National Conference on Industrial (Chemical) Disaster Management and Awareness on National Disaster Management Authority (NDMA) Guidelines

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