India's largest water EPC contractor, VA Tech Wabag, is heralding a return to pre-pandemic performance levels as it celebrates ten years as a publicly listed company this month, in the middle of a global pandemic that has severely hit water construction work around the globe. However, with the shares still trading well below the peaks seen just a few years ago, the company is still in sore need of a financial rethink. Following the completion of a key fundraising move this month, Wabag managing director and CEO Rajiv Mittal sat down with GWI to talk about the company's new strategy for the next 2-3 years, in which it aims to focus on its core business, reduce construction exposure, and shore up cashflow.
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