Trident Controls that launched its water treatment technology 'Recover' for water and effluent treatment in Gujarat market, is expecting an overall turnover of Rs 500 crore by the end of 2012.
Company already has channel partners in Punjab, Gujarat, Andhra Pradesh and Tamil Nadu, Rajasthan, Maharashtra, Karnataka and Kerala. By the end of 2012, company will establish its production center at multiple locations Hyderabad, Hosur, Baroda and Patiala, Trident said in a statement.
With this microbial intervention based water treatment technology, Trident is expecting to clock an annual growth rate of 30 per cent.
It is also planning to sign a joint venture agreement with Geneva based Bee Fee Tec to cater to European market and also plans alliances with Rutgers University, USA, under which Trident plans to open a center for life science research in India.