World Water informaition Association
Water Management Importance. Water Management is important since it helps determine future Irrigation expectations. Water management is the management of water resources under set policies and regulations. Water, once an abundant natural resource, is becoming a more valuable commodity due to droughts and overuse.
With growing urbanization and industrialization, demand of water for municipal and industrial use has been increasing accordingly. This presents a great opportunity for innovation and solutions in water market, especially in the fields such as infrastructure, technologies, and services.
Frost & Sullivan forecasts the Indian water market expenditure is to reach $9.77 billion in 2016. The Indian water capital expenditure is likely to account for 40.9 percent of total expenditure, with the remaining 59.1 percent coming from operation expenditure. While the government contributes about half of it and the private industrial/domestic sectors contribute the remaining business, this synergy between the private and public sectors is crucial in solving the imminent water crisis in India.
Various global water companies have established presence in India; large global and Indian market participants include Veolia Water, Suez de Lyonnaise (Degremont), VA Tech Wabag, Nalco, and GE Betz-Dearborn.