Police safety, fitness, training, welfare and rescue management has witnessed an increasing focus in the recent past years. While this gets reflected in the increased budgetary allocation for security, protection and rescue expenditure by Government of India. Ministry of Home Affairs (MHA), Govt. of India, has also sought to create physical and policy-level framework for long term development of security and police safety infrastructure. Though in last few years an incredible growth has been recorded, but still a lot much work has to be done for a strong, safe and secure policing and defence in India. Indian police equipments and accessories industry has begun taking note of the potential growth opportunity by aligning itself to emerging technology requirements. Private Sectors including both domestic and Internatioal has also played a crucial role in meeting the requirement of the police and other security forces in many countries including India. India is also witnessing a transitional phase where Indian government has allowed a cap of 49% FDI in defense and police.
The budget allocation by Ministry of Home Affairs, Government of India for the year 2013-14 has been amplified up to mark of 10 billion and is predicted to see CAGR (Compounded Average Growth Rate) of 15% approximately. This will elevate this industry for a total worth of USD 18.8 billion by 2017-18.