Industrial Safety: A Priority

Growth in the industrial safety equipment market in India is rapid on account of higher awareness about workplace safety, stringent government regulations and increasing industrial applications. The market covers a variety of products such as personal protective equipment (PPE), fire safety gear, industrial hygiene monitoring devices etc. Growth of this sector can be attributed to the fact that the government has been enforcing occupational health and safety standards under laws such as Factories Act, 1948 and the initiatives like ‘Make in India.’ As a result these have been adopted across industries such as construction, manufacturing, oil and gas, pharmaceuticals and mining. As companies strive to lower legal liabilities through operational efficiency, worker safety is becoming a priority, producing sustained demand for advanced safety equipment.

This market has been further strengthened by rise in industrialization, owing to infrastructure projects and foreign investments. However, required safety equipment like helmets, gloves, protective eyewear and harness systems has seen a surge in demand in sectors like construction, where accidents are more common. The COVID 19 pandemic also highlighted the need for PPE whereby increasing need for masks, gloves and sanitization solutions has heightened across industries. The market has also undergone a revolution in technological advancements. IoT and AI for real-time monitoring, predictive analysis, and safety for workers is becoming smart safety equipment. With the rise of competition from the global brands, Indian manufacturers are increasingly looking to innovate to cater to the increasing demand for high quality, cost effective products.

It is with the view of staying updated with the emerging trends in the region’s business landscape that Asia Business Outlook has come up with a special issue containing stories of companies that have demonstrated their capability through their expertise. To strengthen the business landscape with their tightly-knit and result-oriented approach, they are setting new standards of effectiveness.

Your input is valuable to us and we would appreciate your feedbacks and suggestions.