HUBER and ATE Group recently signed a joint venture agreement. HUBER has a 30% minority participation in the new company that will be named A.T.E. HUBER Envirotech Private Ltd.
According to the agreement, the joint venture company will manufacture HUBER products in India, through their plants in Vasai, Maharashtra, and cater to the markets in India and Bangladesh.
Speaking of the collaboration, Anuj Bhagwati, head of ATE Group, said: "As India is building its infrastructure and industry, we need new approaches and products for wastewater management. This joint venture will serve India and Bangladesh with products from HUBER and cater to industrial wastewater treatment projects in major international markets, leveraging their network. We have had a partnership for 5 years and now the JV will strengthen our presence."
The German company has put in undisclosed investment in the new company. Georg Huber, CEO, said: "Through this partnership, Huber brings in its technologies in the fields of solid liquid separation, membrane filtration and sludge management with an installed base of 40,000 installations."
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