Kochi: Muthoot Pappachan Group today announced the launch and expansion of their Emergency Response Team (ERT) services, a first of its kind unique business model, through a new venture called MPG Security Group Pvt. Ltd.
MPG Security Group Pvt. Ltd., headquartered in Trivandrum, would provide specialised security services to its own Group Company branches and to those companies which require Technologically Advanced security services through an Emergency Response Team (ERT).
The project is guided by highly qualified professionals retired from the safety and security fields. ERT is a specialised team of three able bodied persons in uniform, equipped with non-lethal weapons, GPRS, wireless communicators and a fully equipped vehicle with alarm systems.
The company has already 77 ERT teams, each team with three well trained professionals who can handle any security related exigencies during 9.30 pm to 5.30 am. Each team on average handles a cluster of 30 to 35 branches within a radius of 20 kms, in a response time less than 25 minutes.
MPG Security Services Group Pvt. Ltd. has already signed a pact with another Company to provide these specialised services across their centres in Kerala and Tamil Nadu. Others are at the negotiation stage.
While announcing the new venture Thomas John Muthoot, Chairman & Managing Director, Muthoot Pappachan Group said, “It gives us immense pleasure to announce the launch of MPG Security Services Group. It is a unique business model and we are the first in the country to implement the Emergency Response Team (ERT) model. Considering the potential of such a business model and emerging requirements of advanced safety and security services in the financial industry, we believe that MPG Security Services Ltd will establish its name in the leash space. We plan to expand our operations to Karnataka and Andhra Pradesh by 2016.”
Thomas John, Chief Vigilance Officer, Muthoot Finance; Dr. John V George, Executive VP, Muthoot Finance; George M Jacob, MD, Muthoot Finance; Thomas Kurian, VP, Muthoot Fincorp; and Wilson K Joseph, AVP – Security, Muthoot Fincorp; were present during the flag off of the Emergency Response Team vehicles of MPG Group Securities.
Kerala Biz News