Thermax looks to buy up to $100-m water treatment company
Company will spend . 400 crore on capital expenditure in FY12
Thermax is scouting overseas to buy a company worth up to $100 million in industrial waste water treatment space, said Managing Director MS Unnikrishnan. "Our target market for water treatment projects in India is worth . 4,000-4,500 crore. Within this, the industrial waste water market would be worth around . 1,500 crore.
Publication Date:
05/05/2011