Press release from Business Wire India
Source: Frost & Sullivan
Wednesday, March 10, 2010 03:58 PM IST (10:28 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Media & entertainment, Water
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Frost & Sullivan Bestows Aqua Designs India Limited with 2009 Emerging Company of the Year Award in the Indian Water and Wastewater Treatment Equipment Market
Mumbai, Maharashtra, India, Wednesday, March 10, 2010 -- (Business Wire India) -- Frost & Sullivan honored Aqua Designs India Limited with the 2009 Emerging Company of the Year Award in the Indian Water and Wastewater Treatment Equipment Market. The award was presented for outstanding management, excellent market growth, exceptional customer service, and the ability to combine technology and strategic initiatives to achieve the above. These strategies led to a deeper market penetration, securing repeat orders in a highly competitive market and elevated the company to the position of a notable player in the Indian Water and Wastewater Treatment Equipment Market.
Frost & Sullivan, through its market study on Indian Water and Wastewater Treatment Equipment Market, identified Aqua Designs India Limited as an upcoming player that has consistently clocked superior growth since its inception. Its range of offerings include conventional to advanced treatment technologies such as Membrane Bio Reactor (MBRs) along with supply of water conditioning chemicals and multifarious consultancy services such as water audits, Environment Impact Assessments, and Laboratory Services.
Mr. Suthakar, Managing Director, Aqua Designs said, "The award is in recognition of our sheer commitment and overall team effort that has helped carry forward all our initiatives, synergize all our abilities to raise the bar to achieve this excellence".
He further added "Aqua Designs, within a short span of time has executed various projects and has emerged as a reputed player in the India water and wastewater treatment industry. This award will further motivate us to achieve higher values and growth".
Mr. Y. S. Shashidhar, Vice President and Country Director, South Asia, Middle East and North Africa, Frost & Sullivan, said, "Water and Wastewater Treatment market in India is dynamic in terms of competition. Warding off threats posed by large domestic as well as international competitors, Aqua Designs has grown rapidly at a Compound Annual Growth Rate (CAGR) of over 50 percent since its inception in 2002 and is now an INR 100 Crore company. Its exponential growth is the result of its diverse client base across Auto, Distilleries, Food and Beverages, and Pharma as well as steady revenue generation from strong operations and maintenance (O/M) activities."
The water and wastewater treatment equipment market in India was valued at INR 54,000 million in 2008. Robust domestic demand driving up industrial growth as well as increased water consumption and effluent generation by industries is unveiling immense opportunities for water and wastewater treatment equipment. The market is likely to witness a CAGR of 13 percent over the next 5 years.
About Frost & Sullivan - "We Accelerate Growth"
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting, and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates, and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 30 offices across six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.frost.com.
About Aqua Designs India Limited
Aqua Designs India Limited is a Total Water Management Engineering Company with engineering capabilities to undertake and execute turnkey solutions for water and waste water management. Aqua Designs' commitment to the environment, keeps it in the forefront of product innovations, purification and recycling technologies. Aqua Designs has played a significant role in touching the lives with end-to-end water solutions. The Company provides water solutions for Institutions, Industries, Municipal Authorities, and Commercial & Public properties. The Company articulates of the widest range of water-related specialty products and services that are ISO 9001:2008 certified.
Aqua Designs supply water and wastewater treatment equipment to fit the needs of Industries and Domestic applications. Aqua Designs "Total Water Management" concept offers complete solutions in all the fields of water and waste management. For more information about us visit: www.aquadesigns.in.
CONTACT DETAILS
Ravinder Kaur, Corporate Communications, South Asia, Frost & Sullivan, +91 (44) 42044515, ravinder.kaur@frost.com
Amrita Nandi, Corporate Communications, South Asia, Frost & Sullivan, +91 (33) 40099337, amritan@frost.com
Mythily Woods, Manager - HR, Aqua Designs India Limited, +91 (44) 37171717, mythily@aquadesigns.in
KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MEDIA, WATER
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