* German testing firm to invest ₹130 crore in Bengaluru

The company will set up its second lab in the city.

Munich-based TÜV SÜD laid the foundation stone for an additional testing lab and office facility in Bengaluru on December 9. The firm is engaged in testing products, materials and components.

The new facilty for testing and certifying electrical and electronic products and medical devices would come up on three acres of land at KIADB Hitech Defense and Aerospace Park, Devanahalli. The 70,000 square feet lab is scheduled for completion in early 2023 at an investment of ₹130 crore.

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