‘Water market gaining traction in India, abroad’

Our order book gives us 3x revenue visibility: Wabag MD

Chennai-based Va Tech Wabag Ltd., a pure-play water technology multinational firm that offers a portfolio of solutions across water and wastewater treatment, braved the COVID-19 pandemic and posted double-digit growth last fiscal. MD discusses how the firm secured an order book of ₹9,500 crore. Excerpts. As you would have seen last year, in spite of a very strict lockdown, we closed the year on a positive note with a double-digit growth on top line and bottom line. During this time, our engineering and procurement functions were working at full capacity, even while operating from home, ensuring business continuity. In recent times, there have been lockdowns in India in various States. However, we transitioned to the new normal to ensure minimum disruption, carrying forward the lessons we learnt from the first wave.