RYE BROOK, N.Y.--(BUSINESS WIRE)--Jan. 21, 2016--
Xylem (NYSE:XYL), a leading global water technology company dedicated to
solving the world’s most challenging water issues, today announced that
it has been selected to participate in the U.S. Department of Commerce’s
Smart Cities Infrastructure Business Development Mission to India,
taking place from February 8 – 12, 2016. U.S. Deputy Secretary of
Commerce Bruce Andrews will lead this mission, accompanied by
representatives from 18 companies. Director of the U.S. Trade and
Development Agency (USTDA) Lee Zak and Vice President of Global Business
Development at the Export-Import Bank Ray Ellis will also participate in
the mission.
The trade mission will include visits to New Dehli, Mumbai, Chennai, and
Vizag, and is intended to help U.S. companies launch or increase their
business in India, focusing on technologies, systems and services in the
safety and security, intelligent transportation, water, wastewater, and
power sectors.
“Xylem has a strong local presence in India that includes manufacturing,
testing, engineering, research and development capabilities, all of
which help us understand the complexity and urgency of India’s unique
water challenges,” said Patrick Decker, President and Chief Executive
Officer of Xylem. “On this mission, we look forward to forging new
partnerships and strengthening existing relationships with various
government entities, across business sectors, and among non-governmental
organizations. We will continue to invest our time and resources in
India to accelerate research and partner with local communities to
identify sustainable solutions to their water challenges.”
Xylem Senior Vice President and President, Emerging Markets, Steve Leung
and Managing Director of Xylem India, H. Balasubramaniam (Bala), will
represent Xylem on this mission.
“By joining the global consensus agreed to in Paris last month, India
made clear that it will be an important part of the world’s solution to
a truly global problem,” said U.S. Deputy Secretary of Commerce Bruce
Andrews. “U.S. industry stands ready and able to help India make its
cities more sustainable – an effort that will greatly benefit India’s
economic growth and our world’s ability to address a changing climate.”
About Xylem
Xylem (XYL) is a leading global water technology provider, enabling
customers to transport, treat, test and efficiently use water in public
utility, residential and commercial building services, industrial and
agricultural settings. The company does business in more than 150
countries through a number of market-leading product brands, and its
people bring broad applications expertise with a strong focus on finding
local solutions to the world’s most challenging water and wastewater
problems. Xylem is headquartered in Rye Brook, New York with 2014
revenues of $3.9 billion and more than 12,500 employees worldwide. Xylem
was named to the Dow Jones Sustainability Index for the last four years
for advancing sustainable business practices and solutions worldwide,
and the Company has satisfied the requirements to be a constituent of
the FTSE4Good Index Series each year since 2013.
The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of
our water-centric business by linking it with the best water
transportation of all -- that which occurs in nature. For more
information, please visit us at www.xylem.com.
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Source: Xylem Inc.
Xylem Inc.
Media:
Jennifer Jacob, +1 (914) 323-5745
jennifer.jacob@xyleminc.com
or
Investors:
Phil
DeSousa, +1 (914) 323-5930
phil.desousa@xyleminc.com