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Wednesday, 25 November 2015

India set to become water scarce country by 2025: Report

Although India is set to become water scarce country by 2025 due to demand-supply mis-match
the water sector is expected to see investment of USD 13 billion from overseas players in the next few years, a new study has said.

"India's demand for water is expected to exceed all current sources of supply and the country is set to become water scarce country by 2025
India's demand for water is expected to exceed all current sources of supply and the country is set to become water scarce country by 2025
"With increasing household income and increasing contributions from the service and industrial sectors, the water demand in the domestic and industrial sectors increasing substantially," says a study conducted by EA Water, a leading consulting firm in water sector.

Nearly 70 per cent of country's irrigation and 80 per cent of domestic water use comes from groundwater, which is rapidly getting depleted.

However, overseas players from Canada, Israel, Germany, Italy, United States, China and Belgium sees big investment opportunity worth USD 13 billion in the domestic water sector.

The industry is expected to receive Rs 18,000 crore in the next three years, the report said.

India set to become water scarce country by 2025: Report
India is set to become water scarce country by 2025 due to demand-supply mis-match, the water sector is expected to see investment of USD 13 billion from overseas players in the next few years, a new study has said.    

Source:TOI

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