Hyderabad, June 28, 2018: UBM India, India's leading exhibition organizer, launched the 4th edition of the Security and Fire Expo (SAFE) South India (28th - 30th June) for the first time in Hyderabad today. Held at the Hitex Exhibition Center, the expo brought together internationally renowned exhibitors, consultants, industry experts and key government officials on a single platform from the Indian and the international industries.
Speaking on the occasion of the maiden launch of SAFE South India which was co-located with OSH South India in Hyderabad, Mr. Yogesh Mudras, Managing Director, UBM India said, “Governments all over the world recognize the importance of a safe and a healthy environment for citizens and firmly believe that without these vital components, social justice and economic growth cannot be achieved. Besides, education, training, consultation and exchange of information and good practices are essential for prevention and promotion of such measures. Through SAFE South India 2018, we have provided an opportunity for stakeholders across the safety and security industries to showcase their innovations and technology, understand new industry trends, network and create new business connections. This is an industry that banks on newer and improved technological innovations on a constant basis. Naturally, there is an immense growth potential along with the learning and networking opportunities for suppliers and service providers at these expos.”
“Notably, for the first time since its inception, the expo has been brought to Hyderabad this year as a strategy to rotate them across the several key Indian cities in South India. This move also aims to bring the expos closer to the end-user community and spread awareness across this region on Safety, Security and Surveillance best practices. The response we have got here has been extremely encouraging.” He further added.
Security services (Includes consulting, implementation, support and managed security services) revenue accounted for 61% of this total revenue in 2015, and this proportion will increase to 66% by 2020..
Security spending on hardware, software and services in India is on track to touch USD 1.69 billion mark by 2019
The government has also shown its commitment to enhance its security budget by 35 per cent, which includes creation of dedicated homeland security department, developing co-ordinated intelligence gathering, protecting critical infrastructure and upgrading maritime security.