BENGALURU: The Indian water market is going to boom and will continue to grow constantly, said a top Israeli government official.
“We are here to share our know-how in this sector,” said Michael Jungreis, director, Business Development, Mekorot Development and Enterprise Ltd, an Israeli government-owned company. Jungreis was part of a 15-member Israeli delegation comprising government officials and representatives of private water companies. They are here on a two-day visit to Bengaluru to showcase the country’s expertise in water management and promote Israeli products and services.
Speaking on the growing importance of India as a vital water market for Israel, Jungreis said, “The quality of life in India is going up. So is the per capita income. As a consequence, people will not put up with intermittent water supply.” Israel’s Director General of the Ministry of Economy, Amit Lang, said in a press release that the Israeli Ministry of Economy had identified India as a target country for international cooperation.