As India cements its place as one of the world’s fastest-growing economies, global organisations are increasingly viewing the country as a critical part of their long-term strategies. Dr.-Ing. Michael Fübi, CEO of TÜV Rheinland, sheds light on why India is much more than just another growth market for the international testing, inspection, and certification leader.
“India is not only a rapidly expanding economy, but also a hub for innovation and industrial transformation,” Dr. Fübi shares. “For us, the commitment goes beyond capturing market share, it’s about contributing to India’s long-term development, especially in vital sectors like infrastructure, energy, mobility, and digitalisation.”
Recent studies echo this outlook. The IMF projects India to remain one of the world’s fastest growing major economies for the coming decade, thanks to its demographic dividend and expanding industrial base. With a youthful, skilled workforce and a government push for manufacturing and innovation, India stands at the threshold of a technology-driven future.
Key sectors: EVs, hydrogen and the digital drive
TÜV Rheinland claims to be channeling its expertise into sectors that are poised for exponential growth. These include Electric Vehicles (EVs), hydrogen energy, electronics and telecommunications. “EVs and advanced battery technologies are integral to decarbonisation and energy independence,” Fübi said. “Green hydrogen’s potential as a future energy source is also a key area, as is supporting India’s ambitions in electronics and semiconductors.”
These priorities align closely with recent government initiatives like “Make in India,” which has seen the electronics industry grow by over 17% annually in the past five years, according to IBEF data. The government’s focus on greener mobility and hydrogen technology also positions India as a leader in sustainable innovation.
Certification: A gateway to global markets
As Indian businesses aim for global horizons, internationally recognised certifications have become vital. “Certifications act as a passport to new markets, CE for Europe, FCC for the US, and more. TÜV Rheinland bridges global regulations and Indian manufacturing, ensuring products meet the highest international benchmarks,” Dr. Fübi explains.
This is crucial for Indian companies, with a recent FICCI report noting that compliance with global norms can boost exports by up to 20%. International validation not only opens doors but also signals operational excellence to partners and customers worldwide.
Recent industry analysis shows a surge in demand for certified professionals across renewables, automotive, and IT sectors, with the National Skill Development Corporation forecasting a shortage of at least four million skilled workers in these industries by 2025.
The road ahead
As India continues its upward journey, organizations like TÜV Rheinland, focused on both safety and progress, will play a key supporting role. With aligned missions and a long-term vision, it seems clear that India will remain at the heart of TÜV Rheinland’s global strategy for years to come.
