Tuesday, October 16, 2007

Wherever there is conflict, a commmunity suffers. So does industry

Water scarcity
It is a bottleneck for industrial development in the various states of India
In 2002, companies like Harihar Polyfibres Limited, Karnataka and the Indian Rayon plant, Nagda shut shop for a few days. Inducing them to take such a step was the non-availability of water.

Water scarcity is already taking its toll on industrial production. In summers, when most Indian rivers run dry, it is not uncommon to see companies closing shop.

In a study undertaken by the Confedaration of Indian Industry and the World Bank in 2003, to find out what constituted good investment climate in various parts of India, it was found that water availability is one of the major infrastructural bottlenecks companies in Tamil Nadu face. The study covered 1,099 manufacturing companies in four sectors - textiles, garments, consumer electronics and pharmaceuticals - in 10 states and listed water as one of the major bottlenecks for future industrial growth in the country.

Indian industry can no longer ignore water management issues if they are to grow and become globally competitive.

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