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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
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2019
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Feb
Event
FICCI CSO Conclave 2025
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Sep
Event
Role of Geospatial Technologies for Disaster Risk Mitigation and Management
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Jun
Event
Training Programme on Chemical & Industrial Safety: Disaster Risk Reduction
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Mar
Study
Women Safety At Workplace - 2nd Edition
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Conference on Industrial Safety & Disaster Risk Reduction
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Oct
Event
FICCI CSO Conclave 2023
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Sep
Event
UNDRR ARISE Annual General Meeting (AGM) 2023
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Jul
Press Release
Prevention is one of the ways to mitigate not just risk but cost as well: Chairman, Central Vista Oversight Committee
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Conference and Mock Drill on Chemical, Biological, Radiological and Nuclear (CBRN) Disaster Risk
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May
Study
Prevention of Sexual Harassment at Workplace
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Workshop on Women Safety at Workplace
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Apr
Press Release
"We need to identify the risk disrupting our growth and mitigate them": Mr Rajendra Ratnoo, ED-NIDM Ministry of Home Affairs
Study
India Risk Survey 2022
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Event
Seminar on New Age Risks
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Mar
Press Release
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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3rd Session of National Platform for Disaster Risk Reduction
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Feb
Event
Conference on Industrial Disaster Risk Management & FICCI - GIZ Awards
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Dec
Survey
India Risk Survey
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Nov
Event
Meeting with Delegation from United Nations Office for Disaster Risk Reduction (UNDRR)
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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
Dialogue on Role of Innovations in DRR - Building Resilience in New Normal & SARTHI Awards
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Global Platform on Disaster Risk Reduction(GP) 2022
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Mar
Press Release
FICCI-Pinkerton 'India Risk Survey' identifies Natural Hazards, Cyber Insecurity and IP theft as top three risks for businesses
Study
India Risk Survey
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Webinar on New Age Risks
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Feb
Event
Launch of Strengthening and Amplifying Resilience Through Innovation 'SARTHI Initiative': Building Resilience in the New Normal
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E-Conference on Safety Precautions and Safe Functioning After COVID
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E-Conference on Safety Precautions and Safe Functioning After COVID
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Jan
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Building Resilience in Infrastructure and Establishments: Focus on Minimizing Economic Losses Due to Natural Hazards
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Nov
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Webinar on Cyber Risk Mitigation and Disaster Management
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May
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Webinar on 'Earthquake and Fire Safety in Industrial Establishments'
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COVID-19 Second Wave and Logistic Supply Chain Management
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Jan
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eConclave on Fostering Cyclone Resilience in Industries, Infrastructure and Communities
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Dec
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Webinar on Chemical Industrial Disaster Management: Public Liability Insurance Act
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Nov
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Online Training Programme on Industrial Safety : Planning and Management
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Unmasking the Fraud - The Legal Way
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Oct
Event
eConclave on Fostering Earthquake Resilience in Industries and Developments
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Sep
Press Release
3 bills on labour reforms to be tabled in upcoming parliament session - Santosh Gangwar
Event
Future of Private Security Industry - Code on Wages: Safeguarding Rights of Lakhs of Essential Services Workers
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Aug
Press Release
Structured response group critical to manage disaster management: Executive Director, NIDM
Press Release
Industry should focus on producing private security equipment in India and for export market: Nitin Gadkari
Event
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
Webinar on Zero Incidence and Preventive Culture in the Industry
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Webinar on Maintenance Measures for Industrial Safety
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Event
Role of Innovation/Technology in Industrial Safety & DRR - Part II
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Jun
Event
Role of Innovation/Technology in Industrial Safety & DRR
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Press Release
Stringent execution of rules must to ensure zero industrial accidents - ED, NIDM, MHA
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Webinar on Safe Storage and Handling of Hazardous Chemicals in the Industry
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Webinar on Psycho-Social Care and Mental Health in Industry Post Lockdown
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May
Event
Webinar on Bridging The Information Gap - How Can We Truly Democratise Access To Information
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Webinar on Industrial Safety: Coping with the New Normal
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Re-opening of Industries: Post Lockdown Orientation towards Industrial Safety
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Impact of coronavirus on MSMEs and Business Continuity in India
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Feb
Event
First Round table Meeting on Drought
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Press Release
Climate change is a major global challenge: Babul Supriyo, MoS, MoEFCC
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National Conference on Recent Trends in Environment Pollution and Disaster Risk Reduction
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Dec
Event
35th Conference on Disaster Risk Reduction & Industrial Safety: Major Initiatives in North-East towards Disaster Resilience
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Aug
Event
Private Security Industry Conclave (PSIC) 2019: Creating Jobs - Securing New India
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Jul
Press Release
Govt to reduce granting environmental clearances to 70-80 days - Prakash Javadekar
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CIDM 2.0 : Conference on Industrial Safety & Emergency Preparednes
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May
Press Release
FICCI-ADPC pact to promote disaster risk management in private sector
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Global Platform For Disaster Risk Reduction
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Mar
Press Release
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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India Japan Workshop on Disaster Risk Reduction : Launch of ARISE India
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Feb
Event
4th World Congress on Disaster Management
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Oct
Press Release
Target of a house for each family to be achieved ahead of schedule - Hardeep Puri
Sep
Event
FICCI at UNISDR ARISE Global Board Meeting 2018
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Aug
Study
Private Security Industry: Job Creation and Skill Development
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Event
Private Security Industry Conclave (PSIC) 2018
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Jun
Press Release
Small industries must get in-hand training on Industrial security: UP Governor Ram Naik
Event
Conference on Industrial Safety & Emergency Preparedness
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Press Release
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
Event
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
Conference on Chemical & Industrial Disaster Management
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Jan
Event
Board Meeting of UN-Private Sector Initiative on Disaster Risk Reduction-Arise FICCI
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Press Release
Private Sector Role Critical in Disaster Management: Dr Robert Glasser
Nov
Study
Indian private security industry Preparing for the next leap
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Event
Private Security Industry Conclave (PSIC) 2017
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Oct
Event
Conference on Chemical & Industrial Disaster Management
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Jun
Event
Seminar on New Age Risks 2017
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May
Event
National Conference on Chemical & Industrial Disaster Management
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Nov
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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
Global United Fund Business Investment Opportunities
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Oct
Event
United Nations Asia Regional Plan for Implementation of the Sendai Framework for Disaster Risk Reduction 2015-2030
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Sep
Event
Private Security Industry Conclave (PSIC) 2016
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Jun
Event
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
Chemical (Industrial) Disaster Management Conference on Disaster Risk Reduction Measures in Chemical, Petroleum and Gas Industry
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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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Dec
Event
UAE Launch of Uttar Pradesh Pravasi Diwas 2016
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Press Release
Indian security services industry expected to grow from INR 40,000 to 80,000 crore by 2020: FICCI-Grant Thornton report
Study
Private security services in India 2015
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Event
Private Security Industry Conclave (PSIC) 2015
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Nov
Event
Global Conference on Disaster Risk Reduction - Major Initiatives in North East towards Disaster Resilience
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Aug
Press Release
Enabling environment needed for disaster risk reduction, says Kiren Rijiju
Event
Enhancing Private Sector Partnership for Disaster Risk Reduction
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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
Earthquake Disaster Mitigation in India (EDMI-2015)
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Press Release
FICCI to organize the conference on earthquake disaster mitigation in the country
May
Event
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
Regional Conference on CIDM :“Emergency Preparedness & Disaster Risk Reduction in Chemical, Petroleum, Petrochemical and Natural Gas Industry”
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Dec
Press Release
"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
Press Release
"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
Event
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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Roundtable Conference on Innovations in Technology for Disaster Rescue Efforts amongst ASEM countries
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Press Release
Kiren Rijiju inaugurating the meeting on Disaster Rescue Efforts amongst Asia-Europe Meeting (ASEM) countries tomorrow at Vigyan Bhawan
Nov
Event
Private Security Industry Conclave (PSIC) 2014
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Sep
Event
Conference on CIDM: Emergency Planning & Disaster Management in Chemical, Petroleum, Petrochemical and Pharmaceutical Industry
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Jun
Event
Conference on CIDM - Emergency Preparedness & Disaster Risk Reduction in Chemical, Petroleum, Petroleum Products & Natural Gas Industry
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Jan
Event
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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Nov
Study
Private security services industry: Securing future growth
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Event
Private Security Industry Conclave (PSIC)
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Event
Conference on Chemical (Industrial) Disaster Management (CIDM)
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Sep
Event
FICCI Appeal for Uttarakhand Rehabilitation
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Event
Conference on Safe Management of Chemical, Petroleum and Petrochemical Industries
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Policy
Discussion Paper on Private Security Agency Regulation Act 2005
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Policy
Proposed Guidelines for Cash Logistics companies in India
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Policy
Armed Security for Cash Logistics
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Jul
Event
First Meeting of FICCI Task Force on Uttarakhand Rehabilitation and Relief
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Press Release
FICCI Sets up Task Force to Assist in Reconstruction and Rehabilitation Work in Uttarakhand
Jun
Policy
Private Security Workers - Request for categorization as Skilled / Highly Skilled workers under Central & State Minimum Wages
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May
Event
Conference and Exhibition – National Platform for Disaster Risk Reduction
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Apr
Event
National Conference on Animal Disaster Management
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National Conference on Chemical (Industrial) Disaster Management : Chemical, Pharmaceutical & Hydrocarbon Industry
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Nov
Event
Conference on Best Practices for Disaster Management in Chemical, Petroleum, Petrochemical and Pharmaceutical Industry
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Jun
Study
Publications on Chemical (Industrial) Disaster Management
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Conference on Chemical (Industrial) Disaster Management (CIDM)
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Feb
Event
Conference on CBRN Disaster Management and Security (CBRN-DMS-2012)
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Conference on Chemical (Industrial) Disaster Management
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Dec
Event
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
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
Conference on Earthquake Risk Management for Industries (ERMI-2011)
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May
Event
Conference on Safe Processing, Waste Management, Storage & Transportation of Chemicals, Petroleum, Petroleum Products & Natural Gas
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Dec
Event
Conference on Disaster Risk Reduction in Industries
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Aug
Event
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
Conference on Food Security, Safety and Processed Food during Disaster Situations
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Feb
Event
Conference on Chemical(Industrial) Disaster Management: Global Perspective
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Nov
Event
National Conference on Safe Transportation of Hazardous, Dangerous Goods Through Land, Air, Sea and Pipelines
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Aug
Event
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
Conference on CIDM, Pipelines, Storages & Medical Preparedness
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Mar
Event
National Conference on Industrial (Chemical) Disaster Management
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Feb
Event
National Conference on Industrial (Chemical) Disaster Management and Awareness on National Disaster Management Authority (NDMA) Guidelines
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