Murugappa Group to enter into JV with Organo Group of Japan

 

The Joint Venture in India will be between Organo Group of Japan, and Polutech Limited of the Murugappa Group. Organo Group will hold 49% of this JV, and the remaining portion will continue to be with the Murugappa Group.

The joint venture will target the emerging needs of industrial water treatment requirements of the growing manufacturing sector in India.

Speaking about the venture, MM Murugappan, Vice Chairman, Murugappa Group said, “We are encouraged by the increased industrial activity in the country which has been buoyed by the philosophy of ‘Make in India’. Our services will fit the critical link in the process chain of industrial water usage – both in the input side and in the waste water segments. With water security becoming the critical need of Industrial Units, we expect this tie up to address the growing demand of industries to recycle and re use of water.”

Polutech is a leading player in the water treatment engineering services in India. Polutech manufactures equipment and designing systems for water and waste water treatment plants. It is a complete turnkey solution provider, from concept to commissioning, in raw water & effluent treatment systems. 

Polutech’s strength lies in its knowledge base and experience garnered by executing numerous projects over 30 years, with capacity ranging from 20 cum/day to 30000 cum/day, across industries like Sugar, Pharma, Food & Beverage, Leather, Textile, Chemical etc. The company also offers total water management solutions and operation & maintenance services

Organo is a leading general water treatment engineering company that provides water treatment systems and chemicals to a wide range of industries. It is headquartered in Tokyo, Japan. Organo operates three primary businesses – sales of water treatment systems, maintenance and management of delivered systems, and sales of standard products and chemicals. Organo’s turnover in FY 14 was INR 35 billion (68741 million yen).