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

Mr Nitin Gadkari, Minister of Micro, Small and Medium Enterprises, Govt. of India, emphasized that in order to promote Make in India initiative, the private security industry should explore possibilities to start manufacturing security equipment in India and for the export market as well.

Addressing FICCI webinar ‘Future of Private Security Industry AtmaNirbhar Bharat: Boosting MSMEs for Quality Security Services & Manufacturing of CCTV & Fire Safety Systems’, Mr Gadkari said, “COVID-19 lockdown has made us realize the significance of unarmed security guards.” Currently, our economy is facing lots of challenges and the government is keen to support the Private Security industry which has the potential to be one of the largest employers in India, he said.

Responding to the issues raised by the private security industry members of FICCI, Mr Gadkari invited FICCI to make a representation on issues concerning GST and possible benefits under various MSME schemes. He urged FICCI members to come out with a detailed study, which could be looked into by the Govt.

Assuring the industry members of all possible support on issues and bottlenecks faced by them, he advised the private security industry to work on ‘Multimodal Services’. The industry in the future will witness an integration of manpower with technology, and this requires skill development, hence Mr Gadkari urged FICCI to look at opportunities for skilling in manned guarding, fire safety and electronic security.

Emphasizing the importance of technology in the electronic equipment used by the private security industry Mr Gadkari said, “The current times require security guards to multitask and use technology to perform security, safety and facilitation functions, therefore Indian companies must come forward and start manufacturing the electronic equipment in India itself.”

Mr Rituraj Sinha, Chair, FICCI Committee on Private Security Industry & Group Managing Director, SIS India Ltd said, “During the COVID lockdown private security sector, as an essential service, has played a vital role in assisting government machinery, private businesses and even residential societies. It reinforces the fundamental need for our sector to society and economy and underlines our potential to create stable social security covered jobs, in large numbers for underprivileged sections of our society. Even in manufacturing, our CCTV & Fire segments have potential to mass produce world class products at most competitive pricing. We are greatly encouraged by the attention by senior policy makers. And hope that the sector’s issues would be addressed, and a policy framework shall be enabled to allow our sector to not just survive but also revive and thrive in the near future.”