When I first travelled to Singapore in the late ’90s, I had called for bottled water at the hotel I was staying. I was pleasantly surprised when the attendant got me a normal bottle and told me it was perfectly safe to drink the tap water. When I moved here five years ago, I realised that the Aquaguard and Eureka Forbes water purifiers that were indispensable in most Mumbai kitchens, were almost redundant in Singapore, thanks to the absolutely safe potable water supplied by the Public Utilities Board.
If Singapore can emerge so strongly from a situation of severe water shortage and polluted rivers at its inception, so can Indian cities. Recently, Amaravati, the proposed capital of Andhra Pradesh, has sought to model itself on Singapore, with the latter providing the master plan. Similarly, many other cities are working towards the same goal. This humongous potential for clean drinking water supply in megapolises such as Mumbai can result in a multi-year growth opportunity for companies such as VA Tech.
A total water technology company, VA Tech Wabag provides water treatment solutions to municipalities and industrial users, on an EPC basis. Its design and engineering capabilities span drinking water treatment, industrial and process water treatment, desalination and wastewater treatment. With a presence in over 30 countries, the company boasts of more than 100 registered patents and over 2,250 projects over the past three decades. The domestic business (including exports to west Asia and other regions on the continent) and international business a