‘Our Target Is To Cross Rs 2,000 Cr’

Peregrine Group chairman Manjit Rajain tells BW Businessworld that the group is growing at a rate of 30 per cent against the industry average of 22 per cent:

On internal security needs that the group fulfils
Today, private security is not only responsible for protecting the nation’s property and critical infrastructure systems, but also intellectual property and sensitive information.

We provide comprehensive security solutions in India and Singapore. The two brands, in which we offer security services are – Peregrine Guarding in India and Frontline Security in Singapore.

Peregrine provides integrated security solutions in physical security, electronic security, risk assessment consultancy, executive protection, event security and remote command centre. Peregrine has the ability to implement high quality services.

Frontline Security is a leading provider of security manpower services, close protection officers, security systems and technology solutions, providing services to customers across 73 sites in Singapore. It provides security management, consultancy services and training and a wide range of security and surveillance products, including CCTV systems and GPS tracking systems.

On targets
Our vision is to be the number one global security service provider and our target is to go beyond Rs 2000 crore for our group, offering integrated security and facilities management services within the next two years.

On modern equipment
In India, we use hand-held metal detectors, door frame metal detectors, under bellied mirror, walkie talkies and X- ray scanners. All our equipment are of the latest version and aligned with the functional, technological requisite.

The equipment are a part of our service delivery, mostly paid for by the client in keeping with their specific requirement. The revenues of our security business units in India and Singapore is more than Rs 500 crore. In India we growing at a rate of 30 per cent CAGR, compared to 22 per cent CAGR for the industry as a whole.

On training schedules
Our personnel undergo weeks of intensive training from qualified trainers. Our state-of-the-art training infrastructure and enhanced course material ensures that trainees are fully conversant with their responsibilities and procedures involved in efficiently carrying out their duties. In India, all personnel are trained in accordance with the PSAR schedule before deployment.

On areas like cyber threats
Cyber security is a complex new-age evolving threat and we need to be both predictive and preventive in our approach as attackers are becoming more inventive.

Our forte is providing comprehensive and customized security solutions – manned guarding, electronic or cyber. In 2014 we launched SOTERIA, the state-of-the-art Control and Command Centre, which offers managed remote surveillance services. It provides a complete security solution for risk elimination and prevention (REAP), delivering end-to-end IP video surveillance and alarm management solutions.

suman@businessworld.in