New Delhi: Japan-based water treatment solutions provider Daiki Axis will invest about Rs 200 crore to set up its third manufacturing facility in India at Tumakuru, Karnataka, seeking to tap the country's growing demand for sustainable wastewater treatment and water recycling solutions.
The new facility, to be set up by its wholly owned local subsidiary Daiki Axis India, will manufacture and assemble sewage treatment systems based on Japan's proprietary "Johkasou" technology, which enables decentralised wastewater treatment and reuse, a company official said.