* First of its kind service in the country
* A fleet of 133 vehicles with Advanced Technology systems are being inducted in the first phase
March 03 2016, 22.02 PM IST || Pocket News Alert
Delhi, March 03: 129-year-old diversified business group, Muthoot Pappachan Group has launched the advanced technology vehicles (ATVs) equipped with state-of-the-art e-surveillance systems for states of Delhi, UP, Haryana, Punjab and Rajasthan as part of rolling out its new security initiative that could cut down the security costs by over 50% for the corporates.
Shri Sevadas, Retd IPS officer, officially launched the ERT services at a function held in Delhi.
The use of Emergency Response Teams (ERTs), by the Group for their branches in the Southern states, resulted in much greater efficiency in the protection of their assets at reduced costs of security. Encouraged by the positives, the Group has set up a separate company MPG Security Group (P) Ltd, for a national roll-out of its unique innovative security initiative, ERTs.
ERTs is imbibed with the best practices followed globally, aiming at enhancing security while cutting down security costs by over 50%, by introducing advanced technology for surveillance and warning, and meticulously selected, professionally trained and well equipped manpower for response.
A fleet of 133 Advanced Technology Vehicles (ATVs) equipped with the state-of-the-art e-surveillance, monitoring and communication systems and specially trained able-bodied personnel have been inducted to expand the first of its kind services across the country in a phased manner.
Marking their entry into the Rs 20,000 crore private security industry, Muthoot Pappachan Group had started the ERT services in Kerala, Tamil Nadu and progressively extended deployment to Karnataka, Andhra Pradesh and Telangana a few months ago with a soft-launch.
The Company, which will give protection to around 1800 branches of Muthoot Pappachan Group’s flagship company Muthoot Fincorp in the south, will also extend cover to over 2100 branches of Muthoot Finance. Talks are already underway with other NBFCs, Banks/ATM operators and leading jewelers, who have security vulnerabilities.
Muthoot Pappachan Group have the distinction of being the first entrant in the country in this specialized field of service, prevalent in advanced countries, using a large fleet of ATVs, with state-of-the-art technology for the purpose of operational efficiency, enhanced security and cost optimization which is integral to the viability of any business. This state – of the – art solution utilizes complex technologies of Image Recognition, Artificial Intelligence and Internet of Things (IoT). MPG SG is tying –up with ideas and innovation Squared, a Technology Company focusing on these domains.
ERT is a cluster based (grouping vulnerable assets within a defined geographical area) mobile security initiative aimed at responding to any type of security threat with minimum delay. The heart, soul and body of the system are: -
i. Electronic intrusion/fire detection and warning systems fitted in a vulnerable premise (Branches of NBFCs/Banks/ATMs/Jewellery shops or any vulnerable asset needing protection);
ii. Carefully selected, specially trained and equipped manpower under Regional Control Rooms (14 RCRs Pan India and one Central Control Room in Trivandrum) and ERTs deployed to receive and respond to alarm calls with no loss of time;
iii. Specially equipped Control Rooms, and Advanced Technology Vehicles with state-of-the-art surveillance and communication systems to direct, follow-up, monitor, supervise and, if necessary, intervene in the response operations.
ERTs, each consisting of three able bodied personnel in uniform, equipped with non-lethal weapons and a reliable ATV, will available at the disposal of RCRs from 9.30 pm to 5.30 am, to respond to alarm calls from Branches in a cluster (maximum 45 Branches per cluster) within less than 25 minutes of getting an alarm from a Branch.
The ERTs will conduct routine visits and random checks of Branches in a cluster, which not only serves as a deterrent, but also considerably enhances the local security. Our ERTs have prevented two major outbreaks of fire in Thrissur and Kozhikode by timely intimating Fire Force and Police about such outbreak and taking action to prevent the spread of fire by enlisting the support of local population.
Similarly, in Tamil Nadu, our ERTs have restored runaway children and women to their parents/family and handed over criminals indulging in house-breaking to Police. Therefore, ERT operations will also promote Home-Land Security and support the initiative of the State Police Organisation to keep crime under control.
“Apart from making the security system more pro-active, efficient and professional with induction of modern technology, this initiative will bring down the security costs of the business establishments by more than 50%” said Thomas John Muthoot, Chairman and Managing Director of the Muthoot Pappachan Group.
“The ERT service has a huge market potential. It is equipped to serve a diverse clientele from Banks to ATMs, and from commercial complexes to high-value asset locations. However, our first priority will be the financial sector comprising NBFCs and Banks. There are over 2 lakh ATMs in the country, which itself throws up a good opportunity for the Company. At a later stage, we may also cover high-value residential assets,” said Thomas Kurian, Vice President MPG Securities Pvt Ltd.
The MPG Security Group has the wealth of a pool of retired veteran Police/Security Personnel having rich and varied experience in the field of security. These veteran professionals are constantly engaged in finding viable solutions to security-related problems through analysis of crimes, designing preventive mechanisms, developing optimum operating procedures, induction of the latest technology and training of security personnel.