DECEMBERASIA BUSINESS OUTLOOK4Industrial 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. Sudhakar SinghManaging Editoreditor@asiabusinessoutlook.com Vol 02 · Issue 10 - 12· DECEMBER, 2024 Alok ChaturvediPublisherManaging EditorSudhakar SinghAssociate EditorDarshan KAssistant EditorRoshan AktharEditorial TeamThiruamuthan T KViswanathan A GM - Media & Graphic Designing VisualizerPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Ezekiah S. Edward S Shajilal Akshay Pratap SinghTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $30 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Senior Designer Rajesh R BVisualizer Madhusmita SahooSuanya Banerjee GM Sales & Marketing Nagendra Kumar KCirculation Manager P Magendran
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