Water scarcity an opportunity to solution providers: JP Morgan

Water scarcity in India presents opportunities for companies offering solutions, according to a J.P. Morgan report. India has 18% of the world’s population but only 4% of its freshwater. Key companies like Larsen & Toubro, Voltas, and Thermax are improving water efficiency and availability. The agriculture sector faces high groundwater exploitation, with the north-west region at critical risk. Additionally, 40% of power plants are in water-scarce areas, stressing the need for innovations like solar PV to reduce reliance on freshwater.
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