Sunday, Feb 1, 2015Sunday, Feb 1, 2015

Businesses should wise up to water risks, Delhi summit highlights

Published on Mar 23, 2014 10:47 PM
Speaking at the workshop "Meeting the water challenge" on Sunday are (from left) Mr Nadir Godrej, Managing Director of Godrej Industries and Chairman of Godrej Agravet, India, Mr Ashok Trivedi from I-Gate Software, US, Mr Ravi Singh, Secretary-General and CEO of WWF India, Ms Naina Lal Kidwai, Country Head India and Director of HSBC Asia-Pacific, HSBC, India, and Dr Glyn Davis, Executive Director of Global Programmes, WWF-UK. 

ELECTRICITY utility company Indiabulls, which is setting up a power plant in the western Indian city of Nashik, is facing protests from local farmers who say it is using up water meant for crops.

Coca Cola had to close its bottling plant in the southern Indian state of Kerala after activists accused it of depleting the local water table.

The above two examples, although not new (the first took place in January this year, the second in 2007) were cited at a workshop to underline the need for industries to acknowledge the risks associated with water.

The workshop "Meeting the water challenge" kicked off the second edition of The Growth Net 2014 on Sunday in New Delhi.

If you are not a subscriber, you can get instant, unlimited access here