Business

Water tech firm identifies Chennai as key market

Global water technology firm Xylem, which showcased its C&I meter here, has identified the southern metro as a key focus market.

migrator

Chennai

This is due to the persistent water issues Chennai faces and the state government’s openness to newer approaches and solutions to address the issues, said H Bala, MD, Xylem India.


“Xylem (XYL) is committed to developing innovative technology solutions to the world’s water challenges. Our products and services move, treat, analyse, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings. It provides a leading portfolio of smart metering, network technologies and advanced infrastructure analytics solutions for water, electric and gas utilities,” he said.


Citing a World Bank study which points to 32 billion cu m of water loss every year in the form of leaks and thefts, Bala said, “Water lost cannot be billed. We are looking at a platform for all the stakeholders – public water utilities and private water professionals of TN to collaborate and deliberate on Non-Revenue Water (NRW) - a challenge that is further amplified by scarcity and climate change.”


Headquartered in New York, with 2018 revenue of $5.2 billion, it does business in over 150 countries through many market-leading product brands.

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