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Industrial Products India, Industrial Manufacturers & Suppliers
 




 
   
 
 
 

German firm TUV Rheinland announces

Bangalore, 4th October’12TÜV Rheinland India, a worldwide leader in Testing, Inspection, Certification & Training, announced that it would be implementing a Rs.150 Crore expansion plan to enhance its activities in India. TUV Rheinland India is a 100% subsidiary of TUV Rheinland Group, Germany. As an independent third party, TÜV Rheinland tests, monitors & certifies products, installations, processes, management systems & services based on statutory requirements, relevant performance indicators & standards. The company itself is actively involved in developing those standards.
The investment would primarily be in the setting up of new testing laboratories and expanding the capacity in the company’s existing facilities at Bangalore. Part of the money would also be spent to set up vocational training centres. TUV Rheinland would also scout for opportunities to acquire business which would be complimenting its existing sphere of work, be it in the field of testing and inspection and or vocational training centres. Based on suitability, the company hopes to strike a few acquisition deals by end of next year.
”The testing and certification business is at a nascent stage in India. But, with the growing consumers’ awareness, it is bound to go up in the coming years.” said Mr.M.Bhaskar, Director, TUV Rheinland India. “India has the advantage of an increasing domestic market in addition to the export market that throws open opportunities and challenges for inspection and certification companies like us.”
“A new textile testing centre would be set up at Gurgaon and Tirupur by end of this year in addition to expanding the current facilities in Bangalore. We would also look at setting up more laboratories next year,” added Mr. M. Bhaskar.
About TÜV Rheinland India
TÜV Rheinland India is a subsidiary of TÜV Rheinland Group, Germany. Having started its operation in 1996 in India, the company is a part of the India, Middle East & Africa Group and caters to the Indian market as well as Sri Lanka, Bangladesh, Pakistan, Nepal, Bhutan & Maldives markets. TÜV Rheinland India with local headquarters at Bangalore is active in 23 locations in India. It has one of the most advanced testing capabilities in India including the Photovoltaic & Material Testing Laboratory; Product Safety Laboratory with an EMC Chamber spread over 12,000 Sq ft of Land in Electronic City Phase I, Bangalore. With this existing capability, TÜV Rheinland India will be able to perform all necessary tests to comply with REACH & other European Regulation.
TÜV Rheinland is the only Certification Body in India that boasts of an accredited Welding Institute offering welding courses to the industry in order to enhance the technical skills of its employees.  The Company has ambitious plans for setting up of Laboratories in other parts of India as well in the near future.
TÜV Rheinland has expertise to service business sectors like Pressure Equipments & Material Technology, Energy & Environment, Automotive Engineering, Type Approval, Solar & Fuel Cell Technology, Professional Training and Certification of Management Systems.
For further information on TÜV Rheinland please visit: www.ind.tuv.com.
 
NORMA Group makes first acquisition in Asia and acquires the majority of Chien Jin Plastic
 
Maintal, Germany, 15 October 2012 – NORMA Group, a global market and technology leader for engineered joining technology, has signed a share purchase agreement on 15 October, 2012 to acquire 85% of the shares in the manufacturer of thermoplastic joining elements Chien Jin Plastic Sdn. Bhd. (“Chien Jin Plastic”) in Malaysia. The parties agreed to maintain confidentiality on the transaction details. Chien Jin Plastic is based in Ipoh, approximately 200 km north of Kuala Lumpur, Malaysia. The company is specialized in joining elements for plastic and iron pipe systems. Being in the market for 20 years, Chien Jin Plastic manufactures pipe couplings for different application areas, in particular for drinking and domestic water distribution, and irrigation systems. In addition, the company produces components for sanitary appliances and globally distributes its products under its brand name Fish Brand to more than 200 distributors in about 30 countries. In the past fiscal year, the company generated overall sales of more than seven million euro with around 150 employees The acquisition of Chien Jin Plastic is a milestone for NORMA Group in expanding its business activities into Southeast Asia. The company extends the product range in infrastructure and the distribution network in this dynamically growing region. NORMA Group has already been present in Southeast Asia since 2004 with locations in e.g. Singapore, Malaysia, Thailand, Vietnam, Indonesia and the Philippines. “This acquisition of the majority in Chien Jin Plastic shares reinforces our presence in the growth region Asia-Pacific and is a valuable enhancement to our product portfolio in particular in the drinking water distribution market,” says Werner Deggim, CEO of NORMA Group. “NORMA Group products help to prevent leakages in water supply systems. We are proud to make an important contribution to the efficient use of the precious resource water.”
Additional information on the company is available on www.normagroup.com. To download press pictures, please visit www.normagroup.com/press pictures.

 
     
 
   
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