Arvind Envisol mulls JV in China

Arvind Envisol mulls JV in China
Arvind Envisol mulls JV in China

Arvind Envisol, a water management company which is part of the $1.7 billion Arvind Limited, is in advanced stages of entering into a joint venture with a Chinese textile company and will introduce its patented technology in zero liquid discharge (ZLD) there through the venture. Ashish Kumar, CEO, Arvind Envisol and Arvind Advanced Materials, told Indian media that Chinese industries were facing challenges similar to the Indian units and the joint venture would tap opportunities in water and waste water treatment industry in China. Arvind Envisol has executed several industrial waste water treatment projects in textiles, leather, pharmaceuticals, chemicals and food and beverages sectors. The company is also working on desalination projects. It has implemented 150-plus projects in India in the industrial waste water treatment space. The company has industrial water treatment plants in Ethiopia and Taiwan, too. In the textile sector, Arvind Envisol has partnered with some of the brands and takes up water treatment projects for their vendors globally. Kumar added, “We are looking at reaching out to different regions through joint ventures and government collaborations.” China and Bangladesh would be the key markets and India had huge potential too. It also planned to take part in government tenders in the drinking water segment in India.

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