Xylem backs water tech solutions business in India

Xylem Water Solutions has expressed confidence in the Indian business cutting over the entire water lifecycle management products and solutions, aside from converting into a supply chain and tech centre for its global business. A wholly-owned subsidiary of the NYSE listed, $5.2 billion Xylem Inc., having a clutch of products over categories, has lined up a broad range of products and solutions for the Indian market, while particularly eyeing digital solutions in the smart cities and elevating solutions for small homes and companies to river interlinking projects. Nitin Bhate, the Managing Director of Xylem India, told the media that India has around 4% of global water resources but has 15% of the world population. It only displays how vital efficient water management is for India over sectors. And their solutions over segments attempt to address this crucial issue. Bhate said that the customised pumps for large applications like in interlinking of rivers and for irrigation projects to lift water would be a huge business opportunity for them in India. He told the media that the water management solutions of the company are supported by over 600 people and two manufacturing units in Vadodara and Bengaluru. The Indian manufacturing facilities also act as a sourcing and supply chain hub for other markets, and the mandate continues to grow. He said that the technology development hubs in India with around 350 people at Vadodara and Bengaluru play a vital role in their global business serving as a sourcing hub. Regarding opportunities in the smart cities, he said that water management is among the key challenges local administration faces. Xylem, with Smart metre solutions and digitalisation, is operating with numerous municipalities providing solutions. The scope to grow is enormous, he said. Image Source Also read: Vedanta recycles 16.5 billion litres of water using technology in FY21