Mr. Navin Gupta
Founder and CEO of Hydrotec Solutions Pvt. Ltd. (India)
After extensively researching Vietnam’s economy and witnessing its impressive growth, it is evident that the country is emerging as a major player in the global market. This dynamic environment has greatly motivated me to delve deeper into the Vietnamese market. Our technology company, specializing in cutting-edge solutions such as water treatment, the Internet of Things (IoT), and monitoring systems, is enthusiastic about the prospects in Vietnam. We are developing a product designed to serve both the Southeast Asian and Indian markets, aiming to establish a robust presence across these regions.
Our primary focus is on the global drinking water sector, a critical area given the ongoing challenge of ensuring access to clean and safe drinking water worldwide. This issue is particularly pressing in Southeast Asia and Vietnam, where many people still rely on bottled water. Our goal is to offer solutions that are both affordable and adhere to high safety standards. The potential market for these solutions is vast, extending beyond Vietnam to include China, India, and even Africa. The challenge we face is to accelerate the development, production, and distribution of our products to meet this urgent need efficiently.
This visit to Vietnam is my first, and I am thoroughly impressed by the country’s infrastructure and the array of development opportunities available. Observing various factories, including Hyundai’s, underscores the significant potential for investment and growth throughout Vietnam.
In addition to exploring business opportunities, we are keen on enhancing collaboration between India and Vietnam. The historical connection between our two countries is exemplified by Ho Chi
Minh Street in Kolkata, which is a tribute to our longstanding ties. This symbolic link highlights the potential for deeper economic and technological partnerships.
As we plan our investment strategy for Vietnam, we are evaluating various opportunities and seeking potential partners who align with our vision. Though we currently have manufacturing operations in India, we are eager to explore the possibilities that Vietnam offers. We are optimistic about the opportunities for growth and collaboration and look forward to establishing a successful presence in Vietnam’s dynamic market.
Our approach involves working closely with local ministries and adhering to their guidelines to facilitate the fast-tracking of our projects. During recent meetings with representatives from some Vietnamese ministries, we received positive support, which enhances our confidence in the collaboration process. We are hopeful that these interactions will lead to fruitful partnerships and successful ventures in Vietnam.
Therefore, our exploration of Vietnam is driven by the country’s promising economic landscape and the significant opportunities within the drinking water sector. We are excited about the potential for collaboration and are committed to contributing to the market with innovative and impactful solutions.