Xylem Selected to Participate in Smart Cities Business Development Mission to India

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Xylem Selected to Participate in Smart Cities Business Development Mission to India

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Tuesday, February 2, 2016 - 8:35am

CONTENT: Press Release

RYE BROOK, N.Y., Feb. 10, 2016 /3BL Media/ -- Xylem (NYSE:XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, recently 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.

Keywords: Awards & Recognition | Business & Trade | Environment & Climate Change | India | Smart Cities | Water | Xylem

CONTENT: Press Release