India Water Report Q1 2015
BMI View: In order to realise the country's economic growth potential and meet demand from an everexpandingdemand base, a reliable water supply is crucial. Massive water investment is required to achievetargeted economic expansion and the Indian government has set ambitious targets for water and sanitationavailability.
A survey by the central government of household water usage shows that water shortages remain prevalentacross much of the country. 14% of all rural households suffered water shortages or drought over 2012, and10.5% of urban households saw similar issues. Moreover, the risks to urban-based businesses are higher,with worse water sufficiency in built up areas than rural regions. This is, we believe, largely due to theabsence of proper water infrastructure, particularly mains distribution networks. However, this is a majorgrowth area, as India is keen to develop its manufacturing hubs and commercial presence on theinternational stage, and can only do this via sustained investment into water infrastructure. We thereforeexpect strong government support for the expansion and upgrading of the existing water infrastructure,particularly in industrial areas and commercial hubs.
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