Companies form India water treatment joint venture

Voltas and Dow Chemical Pacific (Singapore) have formed a joint venture to tap the growing water and wastewater treatment market in India.

Voltas Water Solutions will be an equal partnership joint venture to market and distribute standard packaged water treatment systems and wastewater treatment systems.

The systems will have a capacity of up to 20m³ per hour and will be used by residential and commercial complexes and light industrial markets in the Indian subcontinent.

The new company will design, procure, test, market, sell and service such standard water treatment systems and wastewater treatment systems.

Dow Group global business leader for the water and process solutions division Snehal Desai said that water treatment has significant business potential in India, and Voltas is an ideal partner with a strong brand reputation, and a widespread sales and service network.

"As part of our long-term strategy, we intend to establish the joint venture, to fully exploit the untapped potential of the Indian market," Desai added.

"This joint venture is a significant step towards further strengthening our position in mid-market water systems in India."

Voltas managing director Sanjay Johri said that water has been identified as a key focus area for the Tata group, and the company is happy to work with Dow Group in the area.

"With its unrivalled know-how and technological leadership in the water treatment space, the partnership will help Voltas Water Solutions cater to the growing water treatment requirements of the Indian subcontinent," Johri added.

"The partnership will simultaneously leverage the brand and distribution strength of Voltas, along with the technology prowess of the water and process solutions division of the Dow Group. We will work towards establishing the joint venture as a leading provider of water treatment solutions."