TUV Rheinland Signs MoU With Federation Of Indian Export Organizations (FIEO)

TÜV Rheinland India, a subsidiary of TÜV Rheinland Group, Germany, a worldwide leader in Testing, Training, Inspection, Consulting &Certification, has today signed an MoU with Federation of Indian Export Organizations (FIEO). As per the terms of the MoU, TÜV Rheinland India will, on subsidized pricing based on business volumes, extend its various services to FIEO member companies through technical knowledge sharing. TUV Rheinland will assist FIEO export oriented member companies to become more knowledgeable and competent in terms of compliance with various markets, customers quality requirements, testing requirements, statutory requirements etc.

“With the multilateral and bilateral trade agreements taking the order of trade development the tariff barriers are gradually going away. However, the non-tariff measures – the Sanitary and Phyto Sanitary measures (SPS) and also the Technical Barriers to Trade (TBT) are gaining more relevance be it for the purposes of standardisation, conformity assessment, product and consumer safety, conforming the environmental and social requirements etc. or for the purposes as being used as tools to restrict imports from competing countries of the world” said Mr. Ajay Sahai, Director General & CEO, FIEO.

“The declining trends in Indian exports demand appropriate response and action towards the growing number of SPS and TBT measures, being adopted by various countries, from all the stakeholders involved in value chain including Government, FIEO and Exporting Industry as a whole. In this context, it is immensely required that Indian exporters rightly understood the applicable SPS-TBT measures in exporting countries or countries of use of Indian manufactured goods & services” said Mr. Thomas Fuhrmann, CEO & Managing Director, TUV Rheinland India.

FIEO thus signed a Memorandum of Understanding (MoU) with TUV Rheinland India, a group company of TUV Rheinland, Germany to support its members in better understanding the requirements related to standardization, conformity assessment, product & consumer safety, applicable social and environmental requirements, meet the growing private standards in order to enhance and contribute towards the overall market competitiveness of Indian exporters, help them become part of global supply chain and ultimately have smooth market access across the global markets.

The co-operation agreement includes benefits to FIEO members like technical expert advice, training, inspection, testing and certification at subsidized costs and contribute technical inputs on policy level considering the global expertise of TUV Rheinland.

Said Mr Ajay Sahai, Director General of FIEO, “We are extremely pleased to have signed this MoU with TUV Rheinland India having more than 140 years of global expertise as a leading technical service provider. This will be a huge opportunity for our member companies to avail this expertise at a subsidized price and build capacity to become more competitive and successful in the export market.”

Said Mr Ganga C Sharma, Vice President, Strategy, Government Relation and Industry Affairs, TÜV Rheinland India, “FIEO represents the Indian entrepreneurs spirit of enterprise in the global market and is a partner of the Government of India in promoting India’s exports. It is a great honour for us to be associated with this esteemed body and positively contribute to the growth of exports in India.”