Lloyd's Register Committed to Strengthen Position in India
Lloyd's Register, an independent quality and risk assurance firm, highlighted the momentum seen by the company in India. Mark Stokes - Group Communications Director for Lloyd's Register and R.S. Sharma - Chairman shared the overall progress the company has made in India, the advancements in power and energy sectors and the "Water Matters" campaign for water management. Lloyd's Register also underscored its strategy to strengthen its position in the growing Indian power and the energy market. Lloyd's Register's chairman, R.S. Sharma, today shared the progress Lloyd's Register has made in the past six months since he joined as the Chairman. Lloyd's Register intends to double both the revenues and workforce in the country by 2015, reflecting the success of its global business model.
Lloyd's Register Acquires India's Reltech Consulting
Lloyd’s Register has acquired the business and principal assets of the Mumbai-based nuclear risk specialists, Reltech Consulting (Reltech), in a move designed to further strengthen its historic presence in the Indian energy sector. The business and assets of Reltech, which provides safety-management services to a multinational civil nuclear client base, have been transferred to the newly formed LR Scandpower Risk Consultancy Pvt. Ltd., completing another major step in the strategic expansion of Lloyd’s Register’s global nuclear business. Scandpower AS, which provides independent technical risk services to the energy and transport industries, was purchased by Lloyd’s Register in 2009.
