India's Water Wealth: ₹3 Lakh Crore Opportunity Unlocked by Reusing Wastewater – Jobs, Growth & Resilience Boom!

Author

Akshat Lakshkar | Whalesbook News Team

Detailed Coverage:

A groundbreaking study by the Council on Energy, Environment and Water (CEEW) projects that India's treated used water (TUW) economy could unlock up to ₹3.04 lakh crore ($35 billion) by 2047. This economic opportunity comprises ₹72,597 crore in potential annual market revenue and ₹1.56-2.31 lakh crore in infrastructure investment. The study forecasts that India could reuse 31,265 million m³ of treated water annually, sufficient for industrial and irrigation demand. Currently, only about 28% of used water is treated, with most cities lacking reuse infrastructure, indicating vast untapped potential. Scaling up treated water reuse is also expected to create over 1 lakh new jobs by 2047. The findings align with India's policy push, such as the Liquid Waste Management Rules 2024, mandating wastewater treatment and reuse. CEEW emphasizes treating used water as a valuable asset for a circular economy, driving resilience and security. Examples like Surat demonstrate viability, and the study proposes Water Reuse Certificates. Urban local bodies are urged to lead this shift by developing plans, diversifying funding, and setting appropriate tariffs, highlighting potential for municipal revenue and green investment.

Impact: This news signals substantial investment opportunities in water treatment infrastructure, technology, and utility services, potentially boosting companies involved in these sectors and driving green finance initiatives. It also highlights a critical area for sustainable development and resource management. Rating: 7/10

Difficult Terms: Treated Used Water (TUW): Water processed to remove impurities and contaminants, making it safe for reuse. Circular Economy: An economic system aimed at eliminating waste and continual resource use. Tertiary-treated used water: The highest level of wastewater treatment, removing most solids, bacteria, viruses, and pollutants. Water Reuse Certificates: A market-based mechanism for trading credits for exceeding water reuse targets. Urban local bodies: Local government entities managing urban areas, including infrastructure and public services.