Watergen announces joint venture with SMV Jaipuria Group, to invest over $50 million in 2-3 yrs

Israel-based company Watergen on Wednesday announced a strategic joint venture with SMV Jaipuria Group with a planned investment of more than USD 50 million (over Rs 387 crore) in the next 2-3 years for bringing water-from-air technology products to India.

As part of the 50:50 JV, Watergen also launched four of its atmospheric drinking water devices -- Genny, Gen-M1, Gen-M PRO and Gen-L -- for the Indian market for both industrial and consumer use. A manufacturing plant will also be s ..
 

Read more at:
https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/water-from-air-tech-watergen-announces-joint-venture-with-smv-jaipuria-group-to-invest-over-50-million-in-2-3-yrs/articleshow/91793360.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst