![]() ![]() Most of the untrained guards are hired by unlicensed security agencies,” Singh said. “And 50% of 9 million guards would be untrained. Kunwar Vikram Singh, chairman, CAPSI, says that India has about 23,000 private security agencies, and roughly 50% of them are unlicensed. This growing demand means that many unlicensed private security agencies continue to mushroom. According to Freedonia, a business research agency, the private security industry is likely to grow at a compounded annual growth rate (CAGR) of nearly 15% to reach ₹1.6 lakh crore by 2024, doubling from ₹80,000 crore in 2019. Research by The Guardian, published in 2017, said there were an estimated seven million private security workers in India compared to 1.4 million police officers - the highest disparity in the world. It is a worrying situation in a country where private security guards far outnumber police officers. According to the Central Association of Private Security Industry (CAPSI), India currently has about nine million security guards, and about half of them are untrained. “No one would have hired me at this age for any other job, otherwise I would not want to do this at my age,” he said. I left the job a couple of months later as there were long working hours, and joined this company, ” says Kumar, who currently works at a wine shop in Mayur Vihar. “They taught me how to use firefighting equipment on the job and told me that I should talk politely to people, not much else. ![]()
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