We, at Spans, feel that this is a great development for the Asian water sector. The Asian water sector requires huge investments and private operational expertise. Such funds would greatly help in enabling the adoption of improved/advanced technologies and better water management practices.
We believe that sooner or later India too would require a similar dedicated water fund. Currently the Indian water market is highly fragmented with very few deal opportunities. However, we feel that a trend is emerging where smaller indigenous firms are partnering with international companies to create sustainable solutions that would work in the Indian setup.
In this light, I would like to add that currently Spans is also looking for strategic and financial partners who like us are passionate about water and also believe in the business opportunities in the water sector. Let us talk if you think we share a common goal!