VaTech Wabag India Ltd is a leader in the Indian water technology market with a complete portfolio in the areas of municipal and industrial water and wastewater treatment. The company was founded in 1996 in Chennai, and currently holds a market share of over 15% in the country. With a presence across the complete water value chain, Wabag is the best player in the water scarcity area. As an extension, the company has also introduced an engineering centre of global standard under its umbrella of services. The company has top-quality management systems and many municipalities and cities are satisfied clients. There is huge investment required in water supply, sewage treatment and O&M services in the country over the next decade, and speciality companies like VaTech Wabag with a significant presence and proven track record, stand to gain the most. Moreover, there are immense business opportunities in other emerging areas like Vietnam, Turkey, the Philippines and Saudi Arabia, and the global water industry is predicted to become a $500 billion industry in the next few years. Wabag is quite comfortable, with a strong order book and visible new orders across segments and geographies. The Central government
Rajiv Kapoor is a share broker, certified mutual fund expert and MDRT insurance agent.