Water crisis ahead? PL Capital says water deficit creates Rs 20 lakh cr infra opportunity, picks 3 stocks

PL Capital's report 'Water Megatrend 2.0' highlights a Rs 20 lakh crore infrastructure opportunity arising from India's structural water deficit, noting India holds 18 percent of global population but only 4 percent of freshwater resources. The Indian water and wastewater treatment technology market is projected to grow from about $3 billion in FY25 to $5.2 billion by FY31, implying around 10 percent CAGR, with industrial water infrastructure spending growing at about 8 percent CAGR through 2030. The brokerage named VA Tech Wabag, Enviro Infra Engineers, and Denta Water and Infra Solutions as three stocks set to benefit from this long-duration growth theme.