{
  "id": 12682164,
  "title": "Gradiant bets big on India, secures five contracts, including semiconductor fab",
  "url": "https://urgent.news/2026/10/07/gradiant-bets-big-on-india-secures-five-contracts-including",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-07T11:11:29.000Z",
  "source": {
    "name": "The Hindu - Sci-Tech",
    "slug": "the-hindu-sci-tech",
    "url": "https://www.thehindu.com/business/Industry/gradiant-bets-big-on-india-secures-five-contracts-including-semiconductor-fab/article71555160.ece"
  },
  "original_language": "en",
  "account": "Gradiant, a Massachusetts-based water technology firm, is bolstering its Indian operations through five new design-and-build contracts spanning semiconductor, printed circuit board, and solar manufacturing. The company, known for designing, building, and operating water treatment systems for industries like semiconductors, data centers, and energy, aims to grow its Indian workforce by over 40% this year. Orders in India are projected to double, with revenue expected to triple.\n\nHari Prasad has been appointed as Gradiant's Managing Director for India, bringing three decades of water technology expertise from roles at Pentair. The new contracts include a repeat order from a major semiconductor manufacturer to expand its fabrication facility, with Gradiant providing ultrapure water, wastewater treatment, and zero liquid discharge systems. The company, generating annual revenues of $500 million to $750 million, with around 10% originating from India, is bolstering its India team across engineering, project execution, operations, and digital functions. Prakash Govindan, Gradiant's CEO, highlighted India's burgeoning role in building the AI supply chain, emphasizing the critical role of water in semiconductor, solar, and circuit board manufacturing.",
  "summary": "Company appoints Hari Prasad as India MD as water-treatment firm wins five contracts across semiconductor, PCB and solar manufacturing",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}