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This is an archive article published on December 5, 2008

India Inc looking for enhanced security cover

Companies are now scrambling for enhanced security cover to protect their establishments from terror strikes.

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Stunned by the sophistication and the scale of the Mumbai attacks, private companies, especially luxury hotels, off-shore oil exploration firms and shopping malls are now scrambling for enhanced security cover to protect their establishments from such strikes.

Realising the urgent need for revamping the security set-up, an increasing number of private companies across the country are now roping in international risk assessment firms to advise them on bolstering security.

An official of the London-headquartered Control Risks, which advises companies on security issues related to their businesses, said the company was flooded with requests from private sector firms to asses the risk factor to their establishments.

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“We are getting lots of requests from shopping malls, retail chains and hospitality industry for risk assessment of their establishments,” country manager of Control Risk in India, Steven Wilford, said.

The security apprehension of the India Inc is well evident with leading real estate company DLF deciding to raise its own private security force to “ensure full-proof security” in various locations of the company.

“We are starting our own private security force to ensure a full-proof security,” said a DLF spokesperson declining to divulge further details on its security plan.

An official of a luxury hotel in Delhi said they are also “ramping up the security set-up” and increasing deployment of private security personnel in the wake of the deadly attacks.

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