Israel Eyeing Water Market

Published: 12th February 2015 06:00 AM  |   Last Updated: 12th February 2015 04:24 AM   |  A+A-

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.  

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