In our country’s industrial growth many services have grown by leaps and bounds with advent of growing competition, de regulations, technological advancement and growing needs of FDI in different sectors. Many service sectors have grown phenomenally catering to the demanding needs of customers of different profiles. One such service is Private Industrial security services where the growth rate is approximately 30% annually. Growth and Demand in the security services are inherently accompanied by the challenges and issues all over to different stake holders like Organisations, end users, lakhs of practicing security personnel, Govt agencies, Training organizations, HR Practitioners and Administrators. A FICCI study estimates that the private security industry’s Turn over is pegged at Rs. 15,000/- crores with employment to 15 lakh people. It is expected to cross 22,000 crores with 75 lakh workforce by 2020. Yet Security industry is not properly regulated by any statutory or industry bodies in real sense to bring it on par with any other organized sector for the common good of the industry. Security needs are varied and different, given the security climate and perception in diversified industrial segments in economy. So are the equally daunting challenges, concerns, issues faced by the corporate while engaging the security personnel for safeguarding and protecting their physical and human assets. Undoubtedly this service is required in almost all walks of our lives, all through 365 days and 24X7 days. Complexities apart, the security service has to come stay irrespective of industry growth rate in any given sector. Corporates are completely aware of the necessity of the service in different business conditions. Yet by nature the same complexities themselves create new challenges and perceptions within and outside this industry. The scope of the performance and accompanying challenges are far reaching to foresee the road ahead of this industry.
A Performance Against the Challenges in Private Industrial Security Service from Training Perspective