Karnataka Home Minister R. Ashoka inaugurated the event on Wednesday. He expressed keen interest in the event. “The IFSEC South India is indeed a great platform for security professionals to come together and share knowledge on security issues and explore opportunities,” said Home Minister Ashoka.
He said he would advise the police and transport departments to visit the exhibition and gain knowledge.
South India was the natural choice, as an additional show to Delhi event, given the regions vital role and position in the security Industry in India. In a sense, this choice also symbolizes the emergence of South India as a leading regional market and trend setter for security and fire safety equipments.
The event will run for three days (June 1-3, 2011). IFSEC South India is supported by APSA (Asian professional Security Association), India Chapter.
Organised by UBM India Pvt. Ltd., a subsidiary of UBM an international organizers and owners of several global security trade fairs, including the world’s largest international security trade fair the IFSEC UK. This international security trade fair is likely to attract over 5000 security professionals & more than 70 leading companies including Honeywell, Alba Urmet, Came International, Dorset Kaba, HID, Tyco, Flir, Turbo and many more.
Why South India?
IFSEC South India will provide an ideal platform for exhibitors to meet their business prospects, clients and partners all at one location besides generating leads and develop strategic partnership with other industry leaders.
IFSEC South India presents an unrivalled opportunity for any fire protection or security products/services company to showcase security products and innovations to the South Indian security market. Bengaluru, the capital city of Karnataka state, is one of South India’s fastest growing markets.
Key Facts of Karnataka
- Karnataka, which had an estimated GSDP (Gross State Domestic Product) of approximately Rs. 2152.82 billion ($ 51.25 billion) in the 2007-2008 fiscal year, is one of India’s more economically progressive states.
- Karnataka is the manufacturing hub for some of the largest public sector industries in India, including Hindustan Aeronautics Limited, National Aerospace Laboratories, Bharat Heavy Electricals Limited, Indian Telephone Industries, Bharat Earth Movers Limited and Hindustan Machine Tools, which are based in Bengaluru. Since the 1980s, Karnataka has emerged as the pan-Indian leader in the field of IT (information technology).
- Seven of India’s leading banks: Canara Bank, Syndicate Bank, Corporation Bank, Vijaya Bank, Karnataka Bank, Vysya Bank and the State Bank of Mysore originated in this state.
- Karnataka has a well developed infrastructure where the government has recently implemented many projects such Metro, expressways, flyovers and roads.
- Due to the IT boom in Bengaluru and Mysore, and with big multinationals like the Microsoft, Accenture, Wipro, Infosys and Yahoo setting up in the state, there has been a spate of residential and commercial construction activities in Bengaluru.
- Karnataka is among the top five industrialized states in the country and is Bengaluru is considered the Silicon City.
- Given the potential growth, south India remains a global hot spot for building automation, fire safety and security and is expected to offer a huge share in overall security market of India.
- South India being the manufacturing hub for some of the largest public sector industries in India and has emerged as the pan-Indian leader in the field of IT with lots of FDI going around in the states. The concern for safety and security and the realization of maximum integration of safety in that region has increased drastically.
- The forefront of technological advances and the market is eager to embrace the latest security, fire and building management systems and solutions available.
- Furthermore, around 70 percent of security installers in India also install fire protection equipment, making this market of particularly interest to companies providing integrated solutions.
All this makes India one of the fastest growing and important markets for the commercial security industry. On this high note, IFSEC South India is expected be an ideal gateway to South Indian commercial security industry to showcase the latest innovation and technology to the relevant audience.