Plans to boost virtually USD 20 million to fund development
Aims on increasing manufacturing capability; strengthening its presence in India
Capturing abroad markets like Africa, and ramping up its R&D
Receives good demand from Tamil Nadu market; Expects Tamil Nadu/ Chennai to be an INR 500 Cr. market with 50% development yearly
With the rising incidences of water contamination and water shortage in India, Airowater Private Limited, India’s pioneering Atmospheric Water Generator (AWG) Company, has set its sights on capturing a big share of the Atmospheric Water Generator market in India and increasing nationally in addition to globally. To fund its growth plans, Airowater is planning to boost virtually USD 20 million and is in lively discussions with some reputed funds.
Mr. Siddharth Shah, Director of Airowater
“The increasing incidents of water contamination and water scarcity in India make it extremely important for us to adopt newer sources of water generation that doesn’t harm natural resources and is at the same time pure. With our unique technology, Airowater is well placed to cater to the demand for such a solution that is extremely relevant for India’s future. This gives us confidence that we will attract fast growth not only in India but also some global markets facing similar issues,” stated Mr. Siddharth Shah, Director of Airowater.
Airowater has been experiencing a sustained demand from Tamil Nadu and have offered virtually 200 machines in the retail & company phase with demand coming from Industrial, Corporate and Retail prospects.
Speaking about the Tamil Nadu market and its significance for the firm, Mr. Siddharth Shah added, “We started our operations in Tamil Nadu in 2018 and received a major boost within a short span of time with the 2019 water crisis in Chennai sparking an interest in the AWG technology for which Airowater owns patent rights for manufacturing – using Air2Water Patent. As we move towards further national and global expansion, we expect Tamilnadu to play a key role in our growth with the market size being almost INR 500 cr and an expected 50% growth annually.”
The firm plans to boost virtually USD 20 million to fund development to be deployed for increasing manufacturing capability, strengthening its presence in India and capturing abroad markets like Africa which additionally faces related points as India. The funds can even go in the direction of ramping up its R&D capabilities.
The different key goal markets for Airowater inside India embrace states akin to Karnataka, Maharashtra, Kerala, North East & West Bengal. Airowater is trying to faucet into throughout buyer classes together with Retail – Residence & Small workplaces, Corporates – Banks, IT & manufacturing setup, Defense, Health & Educations facilities, Government departments, Hotels & Restaurants.
Airowater makes use of a one-of-a-kind, dependable and adaptable know-how which creates water from the humidity in the air, giving contemporary, bacteria-free, pure ingesting water. This water is totally untouched by contaminants in the floor or some other surfaces, not like piped water. Airowater makes use of the moisture content material in the air to create the purest type of ingesting water by a patented 4-step filtration course of.
Present-day options don’t deal with the concern of chemical and pesticide contamination in water. Even bottled water which is on the market in the market doesn’t present the purest type of ingesting water as most gamers use plastic packaging which means a major plastic air pollution. Moreover, the fractions of dangerous chemical compounds current in the plastic bottles contaminate the water and make it unsuitable for consumption.
Airowater is one of the purest type of ingesting water because it doesn’t include any heavy metals, micro organism or viruses. The water generated by this course of goes by a four-step filtration course of for purification, which incorporates an air filter, water mud filter, water filter and ozone generator.
The specifically formulated filtration course of ensures that water is untouched by air pollution and as contemporary as attainable. By utilizing Airowater our floor water depletion is stopped as it isn’t dependent on water. It generates its personal ingesting water whereas for RO there may be the want of provide of water with a strain and water connection is required.
Also in RO, 70-80 p.c water is wasted in course of whereas there is no such thing as a wastage of water in our machines. RO additionally can’t take away the chemical compounds and the pesticides current in water. As far as bottled water is anxious, in lots of circumstances it’s filtered metropolis water being processed in a producing plant. Other bottled water is ‘spring‘ water and there are not any ensures that it’s really pure and free from any contamination.
Notes to Editor:
Water shortage and availability of clear ingesting water proceed to be some of the gravest issues which humanity faces
In the current instances, water has grow to be an necessary matter as India battles situations of water contamination and shortage.
Recently the PM has additionally spoken about Water from Air know-how
In an fascinating improvement Wall Street has began buying and selling in water as a commodity.
By 2025, over 1.eight billion individuals will likely be residing in nations with absolute water shortage and over 2/third of world’s inhabitants will face water shortages
In India, rampant digging of Bore wells has resulted in reducing of floor water and the decrease we go the high quality of water reduces
While the rainfall has been respectable this yr, low rainfall in the previous few years has additionally led to water shortage
Within the subsequent decade, India is predicted to have double the water demand in comparison with provide. India additionally ranks 13 amongst the 17 worst affected nations in phrases of water disaster. As per Niti Aayog experiences 21 main cities of India will likely be out of water by subsequent yr. Cape Town and Chennai is already on Zero day.
The authorities, underneath its ‘Jal Shakti Abhiyan‘ has additionally underlined the want for freshwater for every and each family. This confirms the want for options akin to Airowater which may remedy issues of water shortage, unhealthy high quality water and sustainability.
It’s going to be an enormous market in the coming years. The product demand in India is anticipated to achieve USD 300 million by 2027 owing to the fast industrial development coupled with rising development and manufacturing actions in the nation.
Airowater Private Limited, India’s pioneering Atmospheric Water Generator firm, was born out of the concept to offer an progressive, sustainable, and inexpensive answer to fulfill the rising demand for freshwater. Based in Mumbai, Airowater is skilled in manufacturing and designing of a patented know-how, which solves a world drawback.
It has technologically superior merchandise, backed by 3 Indian and 6 US patents, which can be inexpensive, fixing twin issues of water shortage and clear ingesting water. It is environmentally pleasant, scalable, and simple to put in the product. Airowater has been accredited and authorised by main labs like Equinox Labs, Envirocare Labs, NABL, and Geo Chem.
For extra info, please go to – www.airowater.com.