Article

India's urban water management sector is transitioning from policy-led allocations to execution, with major sewage treatment and wastewater recycling projects nearing completion. Companies like VA Tech Wabag, Ion Exchange (India), and Felix Industries are highlighted for their performance and operational strategies.

VA Tech Wabag reported a revenue growth of 18% YoY with a strong order backlog; Ion Exchange faces margin pressures but maintains a solid order book; Felix Industries shows significant revenue growth driven by Zero Liquid Discharge systems. The emphasis is on converting orders into revenues and managing working capital effectively.