Team Herald
VERNA: One of the first projects cleared by the IPB came on stream Saturday when Chief Minister Manohar Parrikar inaugurated the country’s first state-of-the-art, completely integrated and automated Reverse Osmosis membrane manufacturing plant at Verna Industrial Estate.
Ion Exchange spent around Rs 50 crore to set up the plant and it employs Goans in very large numbers and around 35 percent are women. The plant has been set up with an objective to provide India’s water treatment industry and global OEMs a range of quality Reverse Osmosis membranes for water and waste water applications.
Parrikar said it was a great technological feat and India had proved itself with technology that was developed in the country. The company aims to garner 20% market share in the next three years.
The plant will have the capacity to meet the domestic demand and also meet export obligations.
Speaking at the inauguration, Rajesh Sharma, Chairman & Managing Director of Ion Exchange (India) Ltd. expressed hope that the state government would provide them with more land having provided just 50% of the land this time.
He said setting up the plant is another step towards their commitment in providing world-class technology and solutions for total water and environment management. “This initiative will reduce dependence on imported membranes and also earn valuable foreign exchange through exports. Thus the integrated Reverse Osmosis plant will prove to be of great importance for the water treatment industry and our nation,” he said.
