IFAT India Indian Market for Environment Services to Grow to € 3.2 billion
The emerging Asian Middle classes, urbanisation and population grow drive the need for environemntal solutions, esepcially for clean and sustainable water, in the developing countries - adevelopment that was of major interest at this year's IFAT India 2013...
Mumbai/India – IFAT India 2013, the country’s leading trade fair for the Water, Sewage, Refuse and Recycling received an overwhelming response from the industry professionals at the Bombay Convention & Exhibition Centre in Mumbai. IFAT INDIA presented a platform in India that aimed to help the waste management industry to network and meet their customers and exchange ideas.
Solid waste management in Indian cities has emerged as a major concern over the past few years. The rise in urban population and economic growth in the absence of an effective management mechanism has manifested in the current state of solid waste management in Indian cities which is far from perfect. Given the present situation, the quantum of waste generated in cities, especially larger ones with higher population is expected to increase. Industrial solid waste, including hazardous waste, is also increasing at a phenomenal rate.
€ 3.2 Billion for Environmental Technologies
Darryl Dasilva, CEO of MMI India, said, “We are proud to present more than 110 exhibitors who are showcasing their products and services for the environmental technology sector. Considering the downward correction in economic growth in India, we are very glad that the interest in IFAT India remains high. This proves that the Indian offshoot of IFAT in Munich, the World’s leading Trade Fair for Waste, Sewage, Waste and Raw Material Management, is serving an important market. In this context we will amongst others award the winners of the ‘All Indian Environmental Journalism Competition’ for their effort of special media reporting and its help to raise awareness of technological and scientific deficits in the environmental sector.”
Indian market for environment services is expected to grow to a total volume of € 3.2 billion by this year. Increasing urbanization and greater environmental consciousness in India are leading to a growing demand for modern environmental technologies and services which in return would result in large investments to develop and upgrade the environmental services. The premiere edition of IFAT INDIA 2013 witnessed technologies, solutions and products that would help the Indian environment.