Intertek to invest Rs 60 cr in next 3 years

Quality certification services provider Intertek has said that it would invest Rs 60 crore in the next three years.

“We will invest Rs 60 crore on capacity expansion and other such activities in the next three years,” Intertek Country Manager India Harsh Chopra told PTI.

Intertek is setting up a modern food testing lab at Gurgaon in Haryana at an investment of Rs 10 crore to provide testing services to food processing industry in the region.

The company is also planning to increase its strength to 2,500 in the next three years from the present 1,000 and would also work to upgrade its labs across the country.

“We are planning to increase our manpower to 2,500 in the next three years as we are expanding into newer areas,” Chopra said.

Intertek has also tied up with Bureau of Energy Efficiency to provide ratings to consumer electronic products in India.

“As awareness about quality of product and services increases, more and more companies would have to go for quality certifications and this would provide us an excellent business opportunity to us,” he added.

The company is targeting a revenue of Rs 100 crore in the current fiscal and aims to double it in the next three years.

Intertek is a leading global certification service provider in the world.