Has anyone estimated the:Total Environmental Business in IndiaIf this business how much is it for:Environmental ConsultingMunicipal Waste ManagementWaste Water treatmentWhat is the rate of growth of this business ?Comments appreciatedDr KSM Rao
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Water and air pollution are among the most pressing environmental problems in India, with the water treatment equipment, services and technology segment constituting the bulk of the total environmental market. The total Indian Environmental Market size was estimated at $4.67 billion in 2004 with an approximate growth of 5% per annum. Where as the Indian water services market is estimated to be more than $1 billion, with the government sector contributing to more than half this market. The water market is growing at 10-12% annually, but the wastewater treatment segment is highly fragmented and unorganized. The water transmission and distribution networks in the country are in a poor state of repair. European and American water companies are involved in about 70 projects worth several billion dollars (some funded by international institutions) in 20 Indian cities. The US environmental firms in particular consider the best business opportunities are in sanitation, urban water supply improvement and municipal waste treatment, namely, infrastructure environmental services, all of which fall in the realm of government procurement.
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