US-based OBIC sets up subsidiary to tap Indian market
US-based water and wastewater infrastructure rehabilitation solutions provider OBIC LLC has set up an Indian subsidiary as part of its global expansion plans. The Indian company OBIC Solutions Pvt Ltd has been set up in Dehradun, Uttarakhand.
Besides offering the parent company’s products, OBIC Solutions will be collaborating with other key Indian entities and innovators in the field of infrastructure and polymers. It has already tied up with Bengaluru-based TUIT Infratech Pvt Ltd for promoting its products in the Indian market.
The Ohio-based company said it decided to enter the Indian market as it saw a need for high quality waterproofing, rehabilitative and protective coating and lining solutions in one of the fastest growing economies in the world. OBIC LLC is a municipal and industrial water and wastewater systems maintenance company and specializes in solutions for wastewater structure rehabilitation to potable water tank rehabilitation.
“We wanted to be a partner in rehabilitating and rescuing aging infrastructure, protecting it for the long term and defending it against costly failures,” said OBIC LLC CEO & Founder Dustin Schlachter,.
The Indian subsidiary’s partner TUIT Infratech will use its business development and marketing team to assist OBIC Solutions with market education, promotion and sales. Also, OBIC has roped in Annand Khanna, PhD, a professor emeritus at IIT-Bombay to be its technical advisor, helping it with product innovation, developing new products and manufacturing in-country in ISO-9000 facilities under the ‘Make In India’ initiative.
“We were excited to partner with OBIC Solutions to help them with their market entry because we could see their commitment to providing sustainable solutions to keep infrastructure above and below ground in optimum condition, as well as having a strong desire to see Indian companies thrive, all while saving them time and energy”, said TUIT Infratech Pvt Ltd Managing Director Vivek Chaturvedi.
The OBIC Solutions product range includes the patented OBIC Coolline of nano enhanced waterproofing coatings, solar heat reflective roof coatings that not only provide excellent protection against India’s harsh climates but also reduce energy costs for cooling and its flagship products OBIC 1000 and OBIC 5000 that provide cost-effective long-term methods for rehabilitating and extending the life of water and wastewater utility as well as industrial infrastructure, the coimpany said in a statement.
“The technology that we will be introducing is relatively new to the Indian market and has incredible potential compared to what has been available for decades”, said OBIC Solutions Pvt Ltd Managing Director Joshua Reed.
“These types of solutions will be essential to preserve structures and improve business productivity, so that’s why we’re so excited to be part of India’s continuing growth and helping it to thrive and succeed in the global market”, Reed added.
OBIC LLC states that its products provide customers with a no-dig approach to repairing holding systems, manholes, treatment facilities, vaults and other structures with damage caused by infiltration or corrosive chemicals. The company has a growing presence globally in development and manufacturing of coatings and linings for the rehabilitation and life extension of wastewater utility as well as commercial and industrial infrastructure.
