Govt. Launches Startup Challenge To Solve Urban Water Issues, To Fund Rs.2 Cr To 100 Startups Selected

Today, MoHUA organised an event - "India Water Pitch-Pilot-Scale Start-up Conclave" - at India Habitat Centre to provide first of its kind networking platform to startups, young innovators, industry partners, incubators and States/cities. During the conclave, startup challenge was launched by Union Minister, HUA on MyGov platform.

With an aim to revamp the country's water management by inviting startups to solve the urban water problems, the government of India has just launched "India WaterPitch-Pilot-Scale Start-up Challenge" under Atal mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 of Ministry of Housing and Urban Affairs (MoHUA). 

Under this challenge, startups will be empowered in the water/ used-water sector to grow through innovation and design that will drive sustainable economic growth and generate employment opportunities. The MoHUA will select 100 startups and each will be provided Rs.20 lakhs as funding support as well as mentorship.

The start-ups providing innovative technological/ business solution in the following areas, are eligible to participate:

1. Fresh water systems
2. Hydro informatics – use of water + data for
3. Used water management
4. Urban Water Management
5. Agricultural Water Management
6. Urban Sewerage Management
7. Water governance
8. Innovation in conventional taps and plumbing systems

Union Minister of MoHUA & Petroleum and Natural Gas, Mr. Hardeep Singh Puri, said, "The Start-ups are the flavor of the season, as the number of Unicorns in the country has jumped, by leaps and bounds. uccess of the Government’s schemes hinges, to a large extent, to the role and contribution of stakeholders and others in the ecosystem. The Stakeholders' responses in water sector are crucial for formulising Government programmes as they know what actually is the need.

The minister said that AMRUT 2.0 is a transformative and unique scheme, with a huge outlay of over Rs 2.77 lakh crore. He said that the scheme will ensure water security in the country, reduce its transportation costs, reduce groundwater contamination, and increase water utilization capacity. He said for the success of the Mission, Start-ups will have to play a meaningful role- by bringing in innovative ideas, Technology, novel delivery mechanism, etc.

AMRUT 2.0, launched by Hon’ble Prime Minister on 01 October, 2021, envisages identification of innovative, proven and potential environment friendly technologies in the fields of water & used water treatment, distribution and water body rejuvenation.
Through this challenge, MoHUA intends to select 100 start-ups providing workable and scalable solution for urban water problems.

For More information & details, check here

Data Analytics and Artificial Intelligence to Propel Smart Water and Wastewater Leak Detection Solutions Market

Increasing adoption of new technologies is transforming the industry's business model from product-based solutions to leak management as a service (LMaaS), finds Frost & Sullivan

SANTA CLARA, Calif. , Jan. 28, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Data Analytics and AI Boost Accuracy to Drive Global Smart Water and Wastewater Leak Detection Solutions Market , finds that the wastewater leak detection market has witnessed a significant rate of innovation and digital transformation. Internet of Things (IoT) sensors, machine learning (ML), artificial intelligence (AI), and cloud- or edge-based data analytics platforms are boosting the market. By 2026, the market is estimated to garner a revenue of $1.99 billion from $1.23 billion in 2020, up at a compound annual growth rate (CAGR) of 8.4%.

For further information on this analysis, please visit: http://frost.ly/54b

"The high rate of urbanization in most developing countries has increased the pressure on existing water and wastewater infrastructure, which has pushed the demand for leak detection solutions, partly to improve asset efficiency and partly to meet water conservation goals," said Paul Hudson , Energy & Environment Research Analyst at Frost & Sullivan. "To tap into this growth prospect, leak detection solution providers should integrate their technologies and customize services to meet customers' demands and exploit investments made for the development of Smart Cities and resilient infrastructure."

Hudson added: "The increasing adoption of cloud-based data analytics, ML and AI is transforming the industry's business model from product-based solutions to leak detection services. Further, utilities' emphasis on a 'one-stop solution provider' for leak detection in both their water and wastewater networks is encouraging solution providers to embrace new business models such as technology-as-a-service (TaaS) and leak (or non-revenue water (NRW)) management-as-a-service (LMaaS). TaaS enables service providers to fully control and strategically expand and enhance their technology offerings, whereas LMaaS could help focus on the growth and market penetration of smart solutions such as continual leak monitoring and proactive prevention."

The move toward a circular economy and holistic sustainability will present immense growth opportunities for market participants, varying considerably depending on the region:

Asia-Pacific : Aerial imagery and in-line probes/robots have a high potential for easy adoption among APAC countries, including India and China , and Southeast Asian countries. Europe : European water utilities are exploring multiple technologies to detect and monitor leaks in pipelines. Water conservation policies and smart city investments are expected to drive the growth of leak detection solutions in Europe . 

Latin America : Pressure sensor-based leak monitoring and detection solutions have the highest potential because of added benefits like energy efficiency and resource optimization. 

Middle East and Africa : Smart City investments by GCC countries will drive the growth of leak detection services and software and data analytics solutions. 

North America : North America is the largest market for smart water leak detection solutions. Leak prediction and prescriptive intelligence are the next steps for solution providers in the region. Data Analytics and AI Boost Accuracy to Drive Global Smart Water and Wastewater Leak Detection Solutions Market is part of Frost & Sullivan's Global Energy and Environment Growth Partnership Service program.

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