Daiki Axis Japan sets up a second unit in India with an investment of Rs 200-cr

0


Water treatment solution provider Daiki Axis Japan is setting up its second factory in India in Haryana with an investment of Rs 200 crore, a company official has said.

The plant with a production capacity of 1,000 wastewater treatment units with Japanese “Johkasou” technology is in the process of being built in Palwal, Kamal Tiwari, CEO of Daiki Axis India, told PTI during a meeting. an interaction.

Daiki Axis India is a subsidiary of the Japanese company Daiki Axis Japan.

The facility will be operational by September 2023, he said, adding that a unit is already functional in Vapi, Gujarat.

The Gujarat unit, which has a capacity to produce over 800 sewage treatment plants, was commissioned in 2019, Tiwari said.

The company aims to increase its customer base with the establishment of the new unit.

The product can be used in industrial, commercial and residential segments. The company has a team to help customers install the units, he said, adding that the technology is already in use in various states including Gujarat, Maharashtra, Madhya Pradesh and Delhi.

The CEO further stated that India and Japan recently signed a Memorandum of Cooperation (MoC) for wastewater management through Johkasou technology.

He said, “Clean water and sanitation are the key to people’s survival and building a healthy nation. The government is taking several initiatives to achieve this goal. The MoC will be a game-changer in the implementation of Jal Jeevan mission, Swachh Bharat mission and Sustainable Development Goals and provide sewage treatment in remote areas.”

Explaining the technology, he said his system is regulated by Japan’s Johkasou law, which stipulates technical standards for manufacturing, installation, operation and maintenance, including draining.

The law also provides for a qualification system for technicians linked to Johkasou. In short, Johkasou needs to treat domestic wastewater locally and reuse it, which is very appropriate for India under current circumstances, Tiwari said.

Speaking on the importance of wastewater treatment, the industry expert said, “It is concerning that 600 million people in India face high to extreme water stress. About 3/4 of households in the country do not have drinking water on their premises. . With nearly 70% of water contaminated, India ranks 120th out of 122 countries in the water quality index.

The index published by NITI Aayog shows how far even economically well-off states have a long way to go when it comes to water management and why efficient and optimal water use and recycling has become a pressing issue, said Tiwari.

The impact of this crisis would be very severe on India’s food and energy security. The report, he said, highlights “a very small fraction of treated wastewater is currently being reused even though the technology and solutions have been around for many years, and unless urgent consistent action is taken and a business as usual approach continues, India could lose 6% of its GDP by 2050.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Share.

Comments are closed.