Voltas and Dow Chemical form JVC for water treatment systems

Voltas Limited and Dow Chemical Pacific (Singapore) Pte. Ltd., a member of the Dow Group Companies, have agreed to establish a joint venture company in India, to tap the growing water and waste water treatment market in the country. The proposed new company – Voltas Water Solutions Private Limited – will be an equal partnership joint venture.
The company will market and distribute standard packaged Water Treatment Systems and Waste Water Treatment Systems of capacity up to 20 m 3/hour, to residential and commercial complexes and light industrial markets in the Indian subcontinent. The entity’s operations would include designing, procuring, testing, marketing, selling and servicing of such standard water treatment systems and waste water treatment systems.
Snehal Desai, Global Business Leader for the water and process solutions division of Dow Group, commented, “Water treatment has significant business potential in India, and Voltas is an ideal partner with a strong brand reputation, and a wide-spread sales and service network. This joint venture is a significant step towards further strengthening our position in mid-market water systems in India.”
Sanjay Johri, Managing Director of Voltas Ltd, said, “With its unrivalled know-how and technological leadership in the water treatment space, the partnership, will help Voltas Water Solutions cater to the growing water treatment requirements of the Indian subcontinent. The partnership will simultaneously leverage the brand and distribution strength of Voltas, along with the technology prowess of the water and process solutions division of the Dow Group.”

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