🇮🇳India

लाइसेंस नवीनीकरण प्रक्रिया में 30+ दिनों का व्यावसायिक ठप्प

2 verified sources

Definition

Renewal process takes at least 30 days post-submission, involving document verification and Controlling Authority approval, leading to potential business interruption if not planned.

Key Findings

  • Financial Impact: 30+ days processing time per renewal; lost revenue from idle guards/operations (est. 2-5% quarterly revenue for small agencies)
  • Frequency: Every 5 years (or 1 year in select states)
  • Root Cause: Manual collection of 10+ documents (ITR, affidavits, employee certificates) and police verification

Why This Matters

The Pitch: Security agencies in India lose 30+ days revenue annually on PSARA renewal delays. Automation of document prep cuts processing to under 15 days.

Affected Stakeholders

Agency Owner, HR Manager, Security Supervisors

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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