A recent report by Share India Securities highlighted the rapid growth of India’s water and wastewater market, which is projected to expand at a compound annual growth rate (CAGR) of 11.6 percent, reaching USD 17.9 billion by FY29. It said, “Government-led initiatives such as the Jal Jeevan Mission are driving significant infrastructure investments, unlocking an annual opportunity of Rs.1,000 billion in the sector”. However, the country faces a major challenge — only 30 percent of its wastewater is treated. To address this, the union government has planned to set up…
Read MoreIndia’s Water Infrastructure Sector Has Opportunities Of Rs.1 Lakh Crore: Report
