Facility management company Krystal wants to hire Agniveers after his term
Hyderabad: First batch of Agniveers during a fitness training at 1EME centre in Secunderabad, Tuesday, January 10, 2023. (PTI Photo)
Krystal, a publicly traded facilities management company, is looking to hire Agniveers after their short stint with the defense industry ends, a senior company official said.
According to Sanjay Dighe, CEO of Krystal Integrated Services, some of the talented Agniveers, who are trained as part of their mandatory service in the armed forces, can be remunerated very well.
Companies like Krystal can provide a “good bridge” between the departing Agniveers and the corporate sector looking for the right candidates to protect properties in which large sums of money have been invested, he said.
Dighe said that the Agniveers will get paid jobs if they make the transition to the private sector. There is a lot of demand for such talent, adding: “They don’t even have to sit idle for a week.”
Moreover, the Agniveers also get other benefits, such as being able to live with their families and may not have to migrate at all, said the CEO of the company run by BJP leader Prasad Lad.
The company, which started 24 years ago as a security company for office and residential complexes, currently employs more than 5,800 security guards, Dighe said. He said that number could be higher, because in some cases a facility manager also acts as a security guard.
Dighe said the company has hired a senior army officer who has experience in executing the Agniveers scheme during his stint with the Indian Army.
Dighe pointed out that in some cases security guards working for the company earn more than back office staff working for call centers, outlining career opportunities.
Dighe said the company aims to accelerate revenue growth to 30 percent per year between FY25 and FY28, from the 23 percent the company posted in the past three years.
He said the company will focus on using more technology in its processes and entering newer areas such as waste and sewage management in cities.
Now that the Supreme Court has ruled against manual cleaning, there is a greater need to use technology and automation to get the same work done, and that could be a good business opportunity, he said.
The company is already executing similar projects for the civic bodies in Thane and Ambernath, he said, adding that technology and engineering are a new vertical development.
The company also aims to increase pre-tax profit margins above the current levels of over 6 percent, and the use of technology can help with this.
Dighe said the company is primarily in the unorganised sector and is not looking for acquisitions at the moment, adding that the focus so far has been on organic growth.
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First print: Jul 17, 2024 | 8:05 PM IST