TÜV SÜD plans to set up an EV battery lab in the second phase of its recently inaugurated testing centre in Bengaluru.
Testing facilities are a necessary component for creating an ecosystem around any new technology, Ishan Palit, the company’s chief operating officer, told ET. “When we provide testing and certification, we enable the industry around us to basically access markets…Because if it's not safe, nobody will adopt it,” he said.
The first phase, in which the company invested nearly Rs 135 crore, is for testing medical devices and electrical components.
Karnataka, said Palit, will be seeing a fair amount of investment in the medical device industry in the future.
“We have hired a hundred people (for the facility) so far…we expect the number to go up to 200,” he added. This is the company’s second lab in Bengaluru after its food analytical, chemical & microbiology laboratory in the Peenya Industrial Estate, set up in 2005.
TÜV SÜD’s new facility spans over three acres and comprises 70,000 square feet in the first phase.
The company had a turnover of around Rs 500 crore from India in fiscal 2022-23, Patil said. “We are expecting growth of 15% CAGR by the end of fiscal 2023-24,” he added.
Earlier this month, TÜV SÜD released a new standard for the certification of low-carbon hydrogen and blue hydrogen and for its derivatives in its knowledge centre in Bengaluru.
These certifications, said Palit, were addressing the transition phase where there were no clearly defined international standards like ISO for hydrogen.
“CMS 70, for example, says that 70% of the energy used to produce that (hydrogen) is from renewable sources. So there is at least a quantifiable, measured methodology by which you say, okay, it's