12 hours ago
French MNC plans expansion in India by adding to hazardous waste treatment capacity
Courrieres (France): Veolia, a group that offers end-to-end hazardous waste solutions, announced that it was adding 5,30,000 tonnes of new hazardous waste annual treatment capacity by 2030 to respond to intensifying global demand and critical capacity shortages.
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Veolia also said it planned to expand its business in India.
The French MNC processes hazardous waste, often of industrial origin, including solvents, factory wastewater, batteries, fly ashes, soils contaminated by heavy metals, and per- and polyfluoroalkyl substances or "forever chemicals". Chief executive officer Estelle Brachlianoff said, "Hazardous waste treatment is becoming a strategic bottleneck for many industries, especially those undergoing transformation or reshoring production.
It's also an essential topic for human health and ensuring environmental security."
Veolia is present in India in water and hazardous waste segments, and plans to develop hazardous waste activities, said Brachlianoff. "We are mainly present in Gujarat for hazardous waste management for industries and expanding our activities there." The group is also involved in crucial water services elsewhere in India, including water supply in Nagpur and wastewater treatment facilities on the outskirts of Delhi.
Veolia's primary growth potential in India lies in the industrial sector, the CEO pointed out. "This waste needs to be managed to prevent it from polluting the rivers and harming the health of residents," she said.
(The reporter is in Paris at the invitation of Veolia)
