You are here: Home » News-CM » Economy » News
Business Standard

India's wastewater treatment plants market likely to reach $ 4.3 billion by 2025: Amitabh Kant

Capital Market 

Mr Amitabh Kant, CEO, NITI Aayog said that India's wastewater treatment plants market stood at USD 2.4 billion in 2019 and is projected to reach USD 4.3 billion by 2025 owing to increasing demand for municipal water as well as sewage water treatment plants across the country. "There will be a huge gap of investments in this market and the private sector can fill this gap in terms of technology selection, fund rotation and implementation," he added.

Addressing the valedictory session '6th Edition of India Industry Water Conclave & 8th Edition of FICCI Water Awards', Mr Kant said that climate change along with rapid population and economic growth is resulting in an increased demand for water and food, potentially leading to over stressing not only for our present resources but also jeopardizing the resources for future generations. "Therefore, a move towards a circular economy is critical for ensuring the economic and social stability of not only four economy but for the world economy as a whole," he added.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, February 18 2021. 10:10 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU