Water And Waste Management

  Declining groundwater level, rising demand for water along with rapid industrialization to drive India submersible water pumps market through 2024    According to TechSci Research report,  “ India Submersible Water Pumps Market  By Type, By Mode of Operation, By End Use, Competition, Forecast & Opportunities, 2024 ’’ , India submersible water pumps market is forecast to surpass $ 1 billion by 2024, on the back of increasing demand for water supply, declining groundwater levels and growing infrastructure sector in the country . Moreover, the government of India has introduced policies such as ‘Saur Sujal Yojna’ and ‘KUSUM Yojna’ to improve agriculture sector of the country, which is further anticipated to push demand for submersible water pumps in India. India aims to increase its renewable energy capacity to 227GW by 2022, which is expected to augur well with the energy efficient pumps market in the country. Additionally, increasing investments in rural de...