Monday, July 14, 2008

'Ninety per cent of our revenues come from manned guarding'

‘Treat security as an investment, not as a cost’

While politicians and administrators grapple with the increase in terrorism and heightened local crime levels, the security industry is cashing in on the opportunity. As Mr Ramesh Iyer, Executive Director, Topsgrup, ( http://www.topsgrup.com/) puts it: “Globally, the security industry is estimated at $140 billion and it is growing at around 10-12 per cent CAGR (compound annual growth rate). Among the high-growth markets are India, China, South America, South Africa, West Asia and some of the South Asian countries.”

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