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Indian Economy
The economic outlook for India is positive. India is today one of the six fastest growing economies &
one of the most exciting emerging markets in the world with a GDP growth rate of over the 8%.
Water Management in India
Water is the necessity of life and is inextricably linked with sustainable development. The world
water Day will be observed on March 22, 2009. In India, the scarce water resources at present
will intensify with the ever-growing population, industrialization and agricultural usage. The
availability and quality of water has therefore to be improved and measures for water
conservation expedited. The Indian water sector consists of: a) drinking water/ bottled
water segment and, b) wastewater treatment equipment segment; and both are growing
at a high pace due to increasing health awareness and scarcity of clean water. The total
Indian water market is estimated to be about USD 4 billion, growing at a rate of
15-20 % every year. In a developing country with huge requirements for water
purification and drinking water, there is a huge scope for growth. The water
requirement for industrial use will increase from the current 30 billion cubic
meters to 120 b.cu.m. by 2025. The bottled water market is growing at 55%
annually.
Future
Global players in the field of water are keenly watching the developments
in India that has suddenly come to mean big money due to the Govt.
policy of privatization in this area.
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