The local unit of the German testing specialist TUV SUD has launched a new automotive testing laboratory here, which it hopes will maintain the company's two-digit growth in the sector.
TUV SUD PSB (Thailand) has invested 20 million baht in a 400-square-metre automotive laboratory in the Thailand Science Park in Pathum Thani province, where the company is located, said general manager Boey Kok Fai.
The new laboratory will focus on international-standard testing of components including tyres and wheels.
"We expect revenue growth for our automotive business, which is a third of our total business, to grow by double digits this year. Thailand is a very big market for us. There are lots of original equipment manufacturers here and they are more or less trying to look for local suppliers," said Mr Boey.
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