Posted on September 3, 2007 • By Miriam Schwab
Category: Tidbits |
Did you know that Israel is one of the world’s most efficient irrigators of arable land, with 100% of arable land being irrigated by efficient irrigation systems, such as drip-irrigation?
India’s Business Standard Online reported today on the state of efficient irrigation in India, with a focus on the country’s largest player in the field, Jain Irrigation Systems (JISL). According to the article, JISL made five global acquisitions over the past year to strengthen its position as a leader in drip-irrigation systems, including acquisition of 50% of the world’s fifth-largest micro irrigation company, Israel-based NaanDan. The article states that NaanDan has annual sales of $75 million and has a presence in global markets.
In India, only 1.6% of arable land uses efficient irrigation systems, compared to 100% in Germany and Israel, 37% in South Africa, and 21% in the US. Therefore, JISL views the acquisition of NaanDan as an opportunity to access “one of the largest drip irrigation markets (Israel).”
If you liked this post, be sure to subscribe to our RSS feed.
If you would like to make a comment, please fill out the form below.