sli magazine February 2024
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Redefining Security for SECURITY FIRST, SECURITY FOREMOST!
(India’s Leading Monthly Magazine on Security, Safety & Fire)
February 2024
`300/-
Volume VIII • Issue 7 • Monthly • New Delhi
(92 pages including 4 for cover)
RNI No. DELENG/2016/68892
Physical Security:
Physical Security:
Trends for 2024
Trends for 2024
Physical Security:
Trends for 2024
Automating Visual
Automating Visual
Inspections for Oil & Gas
Inspections for Oil & Gas
Automating Visual
Inspections for Oil & Gas
Six Cybersecurity Criteria
Six Cybersecurity Criteria
for Corporate Compliance
for Corporate Compliance
Six Cybersecurity Criteria
for Corporate Compliance
Integrating Comprehensive Security
Integrating Comprehensive Security
Courses for Future Managers
Courses for Future Managers
Integrating Comprehensive Security
Courses for Future Managers
Reach us at: editor@securitylinkindia.com
CONTACTS:-
PROJECT HEAD: Rajeev Jain | M: +91 99877 90776 | E: rajeev.jain@informa.com
NEW DELHI: Sanjay Khandelwal | M: +91 98117 64515 | E: sanjay.khandelwal@informa.com
NEW DELHI: Nivedita Adhikary | M: +91 99537 03803 | E: nivedita.adhikary@informa.com
BENGALURU: Vaishali Jain | M: +91 99838 71404 | E: vaishali.jain@informa.com
www.safeindiaexpo.com/west
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Volume VIII • Issue 7 • February 2024
(92 pages including 4 for cover)
Editor
Santosh Pathak
SecurityLinkIndia
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(The views expressed in this
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and do not necessarily reflect those
of SecurityLinkIndia.)
From the
Editor’s Desk
ISO 9001-2015 CERTIFIED
Dear Readers,
Greetings from SecurityLinkIndia!
This year the Interim Budget 2024-25 was presented on February 1, 2024 by Finance Minister
Nirmala Sitharaman. Since it was an interim budget before the 2024 general elections, it mainly
focused on continuing existing schemes and avoided major policy changes. However, it did
include some key highlights.
The budget allocated `11,11,111 crore for capital expenditure, an 11.1% increase compared to
the previous year. This aims to boost infrastructure development. This is done in the wake of
building on the massive increase of the capital expenditure outlay in the past 4 years resulting
in huge multiplier impact on economic growth and employment creation. Infrastructure
development enables the expanse in security industry business as well, and that is a good
boost.
According to the First Advance Estimates of National Income of FY 2023-24, which was
presented along with the Finance Minister’s speech, India’s Real GDP is estimated to grow at
7.3%. This is also in line with the upward revision in growth projections for FY2023-24 by the
RBI in its December 2023 Monetary Policy Committee meeting from 6.5% to 7%, prompted by
strong growth in Q2 of FY2023-24.
Despite global economic challenges, the Indian economy has been found to be resilient and
maintaining healthy macroeconomic fundamentals. The International Monetary Fund (IMF), in
its World Economic Outlook (WEO) published in October 2023, raised India’s 2023-24 growth
forecast to 6.3% from its July 2023 forecast of 6.1%. This reflects global confidence with the
global growth forecast remaining unchanged at 3% for 2023. India’s strong economy is truly
visible.
As per the IMF, India is likely to become the third-largest economy in 2027 (in USD at market
exchange rate) and it also estimated that India’s contribution to global growth will rise by 200
basis points in 5 years. Moreover, various international agencies such as the World Bank, the
IMF, OECD and ADB project India to grow between 6.4%, 6.3%, 6.1% and 6.7%, respectively in
2024-25.
The International Monetary Fund estimates that India is likely to become the third largest
economy (in USD at market exchange rate) in 2027 and expects India’s contribution to the
global economic world to increase by 200 points in five years. Moreover, various international
organizations such as the World Bank, International Monetary Fund, OECD and Asian
Development Bank have estimated India’s economic growth in 2024-25 to average 6.4%, 6.3%,
6.1% and 6.7% respectively.
The budget emphasized programs like Nari Shakti to increase female labor force participation
and support women entrepreneurs. Besides, the budget included provisions to support the
development and adoption of artificial intelligence (AI) in India.
Till we meet next month, stay safe & happy reading!
With warm regards,
Santosh Pathak
Mob: +91 9968172237
CONTACTS:-
PROJECT HEAD: Rajeev Jain | M: +91 99877 90776 | E: rajeev.jain@informa.com
NEW DELHI: Sanjay Khandelwal | M: +91 98117 64515 | E: sanjay.khandelwal@informa.com
NEW DELHI: Nivedita Adhikary | M: +91 99537 03803 | E: nivedita.adhikary@informa.com
BENGALURU: Vaishali Jain | M: +91 99838 71404 | E: vaishali.jain@informa.com
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LEADING B2B EXPO ON
10 SecurityLinkIndia | January 2024 | www.securitylinkindia.com
Contents
Application/ case studies
Feature
CP Plus Safeguards Heritage Property
58
NEC Strengthens Supply Chain
Security with Technology
62
Jefferson County, Alabama, Leans on Everbridge
for Resilience Amid Frequent Tornadoes
66
VIVOTEK ‘Safety Map’ Campaign
for the Third Consecutive Year
60
IDIS Video Supports Mercedes-Benz
Investment in Egypt
64
International Updates
74 - 81
Automating Visual Inspections
for Oil & Gas
50
Six Cybersecurity Criteria for
Corporate Compliance
53
Four Reasons Why Reinforced
Polyamides are a Game Changer
for Anti-Corrosion Cameras
56
Physical Security:
Trends for 2024
68
Techscape 2024: Mapping the
Terrain of 5 Emerging Trends
72
Video Surveillance Trends
for 2024
82
Integrating
Comprehensive
Security Courses for
Future Managers
White Paper
12
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