India Security Services Tenders

The Indian security services market is a thriving industry, valued at over $12 billion USD in 2023. This growth is driven by several factors, including rising urbanization, increased crime rates, and heightened concerns about terrorism. The market is projected to continue expanding at a CAGR of over 10% in the coming five years.

The Indian government is a major player in the security services market, spending over $2 billion USD in 2022. This expenditure is anticipated to increase in the future as the government prioritizes investments in security measures to safeguard its citizens and critical infrastructure.

The Indian government procures a wide range of security services, encompassing:
Physical security services: Encompassing guarding, patrolling, and access control.
Electronic security services: Encompassing CCTV surveillance, intrusion detection systems, and fire alarms.
Cybersecurity services: Encompassing threat assessment, vulnerability assessment, and penetration testing.

The key authorities responsible for India security services procurement include:
The Ministry of Home Affairs
The Ministry of Defense
The Central Public Works Department

The leading companies in the Indian security services procurement landscape are:
G4S Security
Securitas
Reliance Security
ADF Group
Solace Security Services

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