News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 19 years ago
Rediff.com  » Business » Underwriters Lab bullish on India

Underwriters Lab bullish on India

By BS Bureau in Bangalore
April 29, 2005 13:28 IST
Get Rediff News in your Inbox:

Underwriters Laboratories, the US-based global player in product-safety testing and certification, has announced plans to expand its presence in India by over 200 per cent this year. This increased investment is both in people and for a 15,000 sq ft facility in Bangalore.

According to the company, the focus of the expansion will be on the transaction processing operations, which will support the growing demand for high-level support on technical data management.

The expanded transaction centre will help service the 70,000 clients of UL worldwide and will be the largest transaction centre of UL. This centre will be a key component in UL's ability to use Bangalore as a hub for New Zealand, Australia and South East Asia.

UL also announced the ramping up of their product safety testing facility in India to include testing for medical equipment, measuring instruments, industrial controllers and power distribution components.

Currently, the UL product testing facility in Bangalore tests products in the lighting category as well as IT equipment and appliances.

Announcing these expansion plans, Sanjeev Jesudas, president & MD, UL (Asia-Pacific), UL: "The corporate office of UL recognises the significant progress that UL India has made in the recent years, not only in terms of growing revenues but also the capability to serve the India clients with technical capability being made available locally."

The great emphasis placed on technical training over the years is now helping development of market as well as faster turn around times."
Get Rediff News in your Inbox:
BS Bureau in Bangalore
Source: source
 

Moneywiz Live!