Water technology firm Gradiant wins five new contracts in India and names Hari Prasad as managing director

Water technology company Gradiant is growing its business in India by winning five new design-and-build contracts in the semiconductor, printed circuit board and solar manufacturing sectors. The Massachusetts-based firm plans to increase its local workforce by more than 40 percent this year. Company orders in India are on track to more than double this year, and revenue is expected to more than triple. Gradiant currently brings in annual revenue of about $500 million to $750 million, with India making up around 10 percent of that total.

New Leadership And Projects

The company named Hari Prasad as its new India Managing Director. Mr. Prasad has nearly 30 years of experience in water technology, previously worked as General Manager of Industrial Water at Pentair, and held senior roles across India, the Middle East and Africa. The five new deals include a repeat order from a global semiconductor manufacturer to expand a fabrication plant. Gradiant will supply ultrapure water, wastewater treatment and zero liquid discharge systems for these projects, though it did not share the financial value of the contracts or name the clients. Gradiant is expanding its team across engineering, project execution, operations and digital functions, and its engineering centre in Coimbatore supports global projects.

Context

Advanced technology manufacturing requires massive amounts of purified water to clean silicon wafers and components without leaving mineral deposits. Strict environmental rules regarding wastewater mean companies must often clean and reuse nearly every drop before discharge. This makes specialised water treatment firms crucial partners for the rapid growth of high-tech hardware and solar cell production.