Water Woe Signals $17 Billion Opportunity for India Recycler
- India’s waste-water recycling market in focus after drought
- Vishvaraj Infrastructure sees industry using treated supplies
A column of waste water from a sewage pipe flows into the already filthy water of Yamuna River in India.
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India’s water crisis is set to spur the development of a market for recycling plants that could eventually be worth at least $17 billion, driven in part by demand from industries, according to Vishvaraj Infrastructure Ltd.
The nation’s largest cities produce 38 billion liters of waste water daily, all of which will have to be recycled eventually, Chairman Arun Lakhani said. While that requires major investment in treatment facilities, the government will need to provide sufficiently attractive waste water contracts to realize the full potential of the market, he said.