BUSINESS COOPERATION

The European Union has developed a world-leading water sector that includes 9,000 active Small, and Medium Enterprises (SMEs) and provides almost 500,000 full-time equivalent jobs in over 70,000 water services companies. The sector represents an annual investment of over €33 billion and a turnover of €72 billion per year. Many of these companies are able to provide solutions which fit not only European but also Indian challenges.

Still, the number of EU Member States in the Indian water sector through actively engaged through companies and other bodies is limited. Only 7 out of 28 EU Member States, namely Germany, Belgium, Spain, France, the Netherlands, Denmark and the United Kingdom are working on specific projects in the water sector in India.

Given the large scale expertise available to EU Businesses in the water sector and various investment opportunities in India’s water sector (under Namami Gange, National Project on Aquifer Management, Artificial Recharge and Rain Water Harvesting, National Water Quality Monitoring Programme, Smart Cities Mission, Atal Bhujal Yojana) , the IEWP intends to provide a platform for establishing successful EU-India business cooperation models and illustrate areas of opportunities for EU and Indian businesses to collaborate. As a preparatory step, a, IEWP Scoping Study was developed (European Business and Technology Centre – EBTC, 2018) to provide insights on the current engagement of and support infrastructure for EU water companies in the Indian water sector. The IEWP Scoping Study holds strategic recommendations for increased involvement of EU water companies through the IEWP.