Environment solutions provider Ion Exchange today said it has inaugurated its Rs 50 crore integrated automated reverse osmosis membrane manufacturing plant in Goa.
Through the plant at Verna Industrial Estate, the company aims to garner 20 per cent market share in the next three years, Ion Exchange said in a statement.
"This initiative will reduce dependence on imported membranes and also earn valuable foreign exchange through exports," Ion Exchange (India) Ltd CMD Rajesh Sharma said.
Thus the integrated reverse osmosis plant will prove to be of great importance for the water treatment industry and our nation, he added.
The objective of the plant is to provide water treatment industry and global OEMs (original equipment manufacturers) a range of quality reverse osmosis membranes for water and waste water applications.
The plant will have the capacity to meet the domestic demand and also meet export obligations, the company said.
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