Va Tech Wabag Research Report By Sharekhan

Increasing fresh water scarcity + niche expertise = Gallons of opportunity to flow: Globally, fresh water supplies are relatively static and with a rising population and urbanisation, the intensity of fresh water scarcity is on the rise. Therefore, investment in these areas like recycling and water treatment, water conditioning and desalination is likely to flow in significantly in coming days. The global water market is estimated at around ~$425-500 billion and is expected to grow at a 6% CAGR till 2030, and a large chunk is expected to be in the developing world. On this backdrop, VA Tech Wabag (VTW) is well placed having niche technical expertise and an impressive track record as its strength.

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