News this week: Recently, UBM India, a
subsidiary of UBM plc, has launched a security
community website, India Security
World. The website provides online resources for the security and fire
industries.
India Security World aims to bring all industry players on a
common platform and users can discuss on the platform, as well as share
information on it. According to UBM India, the Indian security market is
expected to grow at 30%-35%. In addition, the Indian Government has increased
its security budget by 35% to US$1 billion on police modernisation and
arranging coordinated intelligence gathering.
Joji George, managing director, UBM India said, “A trend
that has emerged is that the security industry is moving towards a ‘one-stop
shop’ model in the commercial and industrial markets as customers seek to
decrease their systems integration costs. The India Security World will cater
to the industry and closely follow IP-based systems gaining ground and also the
convergence of IT and physical security.”
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