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Water purifier market to touch Rs 7,000 cr by 2015

Growth driven by rising sales of low-cost variants due to extreme shortage of drinking water across India

<a href="http://www.shutterstock.com/pic-132585905/stock-photo-water-flowing-in-a-glass-with-huge-splashes.html" target="_blank">Water splashes</a> image via Shutterstock
Virendra Singh Rawat Lucknow
Last Updated : Apr 17 2013 | 5:56 PM IST
The domestic water purifier market in India is likely touch Rs 7,000 crore by 2015 from the current level of Rs 3,200 crore.

“The segment has been growing at a compounded annual growth rate (CAGR) of about 25%,” leading water purifier solutions company Kent RO Systems chairman Mahesh Gupta said here today.

He said the growth was driven by rising sales of low-cost variants due to extreme shortage of drinking water across India. Gupta was in town to launch company’s latest product line in Uttar Pradesh. “We have a market share of 40% in India,” he informed.

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First Published: Apr 17 2013 | 5:44 PM IST

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