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Jain Irrigation
Will cleantech mobilize to prevent water shortages in India?
Two new reports this week gave urgency to efforts to reduce water use in India's agriculture sector.
First, the Indian government's State of the Environment report warned: "Groundwater reserves are becoming more and more depleted even as surface water sources become too polluted for human use."
That was followed by a study in the journal Nature that presented unnerving data on groundwater depletion in India, as viewed by satellites orbiting the Earth as part of NASA's Gravity Recovery And Climate Experiment. The satellites showed that the water table in India is falling 1.6 inches per year, losing 109 cubic kilometers (88.4 million acre-feet) from August 2002 to October 2008.
CDC Group commits $10M to India’s agri-food sector
June 26, 2009 - by Lisa Sibley -
Rabo Equity Advisors' India Agri Business Fund is expected to make 10 to 15 additional investments, for $3 million to $5 million, during the next four years.
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REEEP assists €15M drip irrigation buy in India
May 14, 2009 - by Emma Ritch -
Systems by Jain Irrigation expected to save up to 70 percent of the water used with flood irrigation techniques, as well as 10 kWh of power per day per acre.
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IFC pumps up water focus in India with $45M for Jain Irrigation
March 4, 2009 - by Emma Ritch -
IFC plans to take first equity stake in Jain and to expand to-date financing to $75 million, fresh off the heels of an investment in WaterHealth.
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IFC sees big market for H2O
August 22, 2008 - by David Ehrlich -
The group says public-private partnerships in the $450 billion global water sector can be good for business and can improve lives in developing countries.
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Israel's Mekorot to develop water infrastructure in India
February 13, 2008 - by Dallas Kachan -
Company partners with leading Indian water market leader Jain Irrigation.
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