GMR Group ventures into Rs 4,500 cr security services industry
Inaugurates Raxa Security training academy; CSR project to generate rural employment
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In a bid to generate rural employment opportunities, GMR Group today launched a security services training academy in Anantapur district of Andhra Pradesh.
The academy will be run by Bangalore-based Raxa Security Services Bangalore, an ISO 9001:2000 certified Company formed by GMR Group. It has come up on a 100-acre plot at Kodikonda on the Bengaluru – Hyderabad National Highway (NH-7) with an initial investment of Rs. 35 crore.
The Company was formed by GMR Group to provide consultancy services for integrated security solutions for Business and Industrial establishments.
Security Services Industry in the country is a sunrise industry and is valued at around Rs. 4500 crore. A significant section, over 60% of this, is in the unorganised sector. However, the organised sector is expected to grow at around 20 – 25 % annually.
The academy was formally inaugurated by Group Chairman Mr. G.M. Rao along with his wife, Mrs. Varalakshmi, at a function at Kodikonda which also marked the passing out of a new batch of 175 trained security personnel. The programme was attended by security professionals, employees of GMR Group, district officials and local villagers from whom Raxa purchased land for the Academy.
Speaking at the occasion, Mr. G. M. Rao said: “Raxa Security Services will give preference to local villagers for employment opportunities. The group’s Corporate Social Responsibility arm, GMR Varalakshmi Foundation will also undertake identified welfare projects in the surrounding villages.”
The Academy will impart induction training to Marshals (eight weeks duration for matriculates) and security supervisors (10 weeks duration for graduates), in addition to organising refresher training programmes. The Academy with a capacity to train 200 recruits in each batch is equipped with modern training facilities which include a parade ground, an athletics ground, sports grounds, swimming pool, gymnasium, simulator for firing practice, miniature firing range, technical wing, computer lab and a driving track. Further, the Academy has experienced faculty members inducted from army / police forces with expertise in security services including industrial and aviation security, fire safety and disaster management.
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About Raxa Academy
The aim of the Academy is to provide employment avenues to carefully selected, educated youth from across the country, primarily from villages, in the field of professional security services. So far, Raxa has recruited and trained 1200 marshals / supervisors and deployed them on security duties at airports, power projects, national highways etc. Out of the 1200 personnel recruited / trained, 500 are from South India (Andhra Pradesh - 385, Karnataka - 65, Tamil Nadu -18, Kerala -30, Orissa -5) and 700 are from North India (Rajasthan – 450, U.P-50, Bihar - 6, Haryana -170, Uttaranchal -15, Jammu & Kashmir 11)
GMR Group has formed Raxa Security Services with a view to build a professional security agency to provide world class security / safety to industrial and business establishments. The Group has realised a need for well trained man power with technical knowledge to provide security / safety to major Infrastructure projects in the country, especially those operating under the Public – Private Participation (PPP) model.
GMR Group
Raxa Security Services Ltd. is a part of GMR Holdings. GMR Group under the GMR Holding banner has significant presence through GMR Infrastructure in the sectors of Airports, Energy, Highways and Urban Infrastructure. Besides this, the Group also has interests in the Agri Business through GMR Industries. Recently, GMR Sports was set up under GMR Holdings to promote sports and talent at the grass roots level. GMR Sports is the franchisee of the hugely successful Delhi Daredevils IPL, Twenty20 team.Browse all Vaishnavi Corporate Communications press release » | Subscribe to daily press alerts via email »
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