# Gradiant expects India business to double next year 2026-08-27T00:48:07+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Industrial water technology company Gradiant expects its India business to double next year, driven by demand from semiconductor, solar, printed circuit board and data centre projects. The company's global order book is approaching $1 billion, with India accounting for roughly 10% of current revenue. Gradiant COO Govind Alagappan said the challenge is building engineering and execution capacity to convert orders into delivered plants. "It is not about getting more orders. It is how do I convert that order and execute them," he said. The company has around 250 employees across its Chennai and Coimbatore Global Engineering Centre. Semiconductors are Gradiant's biggest India focus. The company is involved in two of the largest semiconductor water-treatment deployments in the country. Data centres are an emerging opportunity, with discussions underway with top global hyperscalers. Gradiant recently completed Series E financing at a valuation of $2 billion. ## Indian Opinion Analysis India's semiconductor ambitions directly feed Gradiant's forecast. The government's Rs 76,000 crore production-linked incentive scheme for semiconductors and display manufacturing, launched in 2021, aims to make India a chipmaking hub. Each fabrication plant requires immense ultrapure water for wafer cleaning and chemical processes, a market dominated by a few global specialised firms. The real constraint is execution capacity, not demand: Gradiant must hire and train enough engineers in Coimbatore and Chennai to deliver its $1 billion global order book. Whether it can double India revenue depends on converting that backlog into completed plants within 18-month project timelines. An IPO remains off the table until that delivery machine is proven. ## Coverage - thehindu.com Neutral corporate reporting, leads with company's execution challenge, not promotional headline This brief was synthesised by AI from the source linked above. Tags: Chennai, Coimbatore, Govind Alagappan, Gradiant, semiconductors Canonical: https://indianopinion.org/gradiant-expects-india-business-to-double-next-year/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/gradiant-expects-india-business-to-double-next-year/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/