Business / Industry Sectors
Israel sends key Homeland Security team for tie-ups with India’s HLS sector
19/05/2015
India's homeland security market to be worth 15 billion US$ by 2017
  • IInternal and external threats have prompted the Government to focus on the modernization and up gradation of country's security infrastructure. India's homeland security market, which is estimated to be worth 15 billion US$ by 2017, has witnessed an overwhelming response from key global security companies from around the world.
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In light of these developments, industry body FICCI and the Embassy of Israel, along with the Israel Export Institute and the Foreign Trade Administration, Ministry of Economy, Govt. of Israel hosted a delegation of Israeli Homeland Security companies in New Delhi on May 14, 2015.

The importance of the event could be perceived by the tremendous participation of Indian companies for Business to Business (B2B) meetings, which were mobilized by FICCI. In the area of security, Israel is seen as a leader and a number of Israeli companies have been looking at the Indian market very seriously with a meaningful cooperation. In such a scenario, such B2Bs become extremely important.

 

Some of the key homeland security companies that visited India include DSIT Solutions, ESC Baz,LiveU, NICE, Opgal and Protract. These companies have interest in areas like, sonar & acoustic solutions, surveillance systems and solutions, electro-optic and electronic system designs, IP-based live video services and broadcast solutions, communication interception and analysis, thermal imaging safety systems, computerised vision and video content analysis software products.

According to a release by FICCI, there were more than 150 B2B meetings organised with Indian counterparts. Such interaction was well received by both the sides. Some of the key Indian companies include, L&T ECC, BHELTata Power, Tata Technologies, Mahindra Defence, ONGC, BHEL, NTPC, Delhi Metro, Hero Corp. to name a few.

 

FICCI has been playing an active role in the Homeland security. This initiative is a precursor to the FICCI's annual programme with the theme "Safe and Smart City", to be organised in August 2015.

 

(See more at: http://www.merinews.com/article/indias-homeland-security-market-to-be-worth-15-billion-us-by-2017/15906467.shtml#sthash.yJmMdrHa.dpuf)

(Read more at:http://www.merinews.com/article/indias-homeland-security-market-to-be-worth-15-billion-us-by-2017/15906467.shtml&cp)

May 14, 2015

 

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