Xylem Water solutions India is eyeing Rs 4,000 crore revenue by expanding its market base, a senior executive said today.
"We see a huge potential for our business in emerging and developed markets and therefore are looking at increasing production of value-added products like packaged solutions, castings for Xylem global markets and third generation submersible pumps for municipal and waste water applications in the forthcoming year," said its director (operations) Naresh Behl.
Xylem has invested about Rs 110 crore in water technology by establishing a plant on the outskirt of the Vadodara city, he said.
Behl said the company has undertaken a project envisioning building two pumping stations for Sardar Sarovar Narmada Nigam Ltd's Kutch branch canal.
Sam Yamdagni, president and managing director of Xylem water solutions India, said "We are proud to help and improve lives of many people in India through sustainable water solutions and hygiene education through Xylem watermark. This programme is a true testament to the social value our company brings."
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