Mumbai, August 23rd 2018: BSE Institute Ltd is joining hands with Sasha Infrastructure Pvt. Ltd leading water and infrastructure Services Company that is pioneering the use of Water and Infrastructural best practices and technologies from Israel in India. The objective of the collaboration is to promote startups in the domain of sustainable water-related infrastructure and services. The MOU was signed by Shri Ambarish Datta, MD & CEO – BSE Institute and Shri Romiel Samuel , MD, Sasha Infrastructure, Israel.
The purpose and nature of the water infrastructure investments needs have significantly expanded to Water Supply and Sanitation, flood protection, drought management, and water quality management. Innovative startups can reduce overall investment needs and improve capital efficiency through improving the operational efficiency and effectiveness of existing water infrastructure. This collaboration will focus on driving this innovation in India with the involvement of organizations from Israel who are world leaders in this domain. The initial startups shall be in the field of water well refurbishment, ground water recharge, waste water treatment, etc. which shall create sustainable impact in water tech.
Israel is the leader in water technology in the world. It has perfected the modern-day version of the innovative process of drip irrigation, and since 1959, has taken it to the next level, so much so that other countries, both developed and developing, want a piece of the action. Israel recycles about 87% of its water. The country that has dedicated the greatest resources, innovation, and cultural attention to the problem of water scarcity. Today, it leads the way in solving problems of water supply, spearheading efforts to deal with water leakage, farming efficiency, recycling waste, desalination, pricing policy, and education.
Speaking on this occasion Shri. Ashish Chauhan Managing Director and CEO of BSE Ltd said “The human right to water and sanitation has yet to become a reality for one-third of the global population. 2.1 billion people still do not have access to safe drinking water and 4.5 billion people still lack access to safe water. Poor sanitation, water, and hygiene lead to about 675,000 premature deaths annually. In India as we all know, this is a very critical issue. We believe that startups have a critical role to play in this domain by evolving innovative solutions to address this issue. Israel is a world leader in water related technologies and I’m very excited about the impact that this can make at the ground level. ”
The Consul General of Israel in Mumbai, Mr. Yaakov Finkelstein said “It’s delighting to see India & Israel cooperating once again on this strategic field of water. Water is the most basic and vital resource and we’re using the most advanced technologies to find solutions to water problems. Water-innovation combines the most simple element (-water) with the most advanced technology (-innovation). Similarly, India and Israel represent two ancient civilizations and at the same time maintain a very high standard of science and state-of-the-art technology. So in a way this cooperation is very symbolic, yet very natural and becoming. I’m humbled by the fact that the BSE has chosen Israel as its partner for this important initiative and I’m confident that the fruits of this cooperation will benefit many people in India, Israel and world-wide.”
About BSE Institute Ltd
The BSE Institute BSE Institute Limited (BIL) is a wholly owned subsidiary of BSE Ltd. BIL inherits from BSE the knowledge and insights into the capital markets industry, garnered over the past 143 years. BIL has the advantage of being at the center of the financial hub of India, one of the world’s most rapid emerging markets. BIL does considerable work in the field of education, Skills development and fostering Innovation.
- 29 years of experience in the field of knowledge management and dissemination
- Subsidiary of Bombay Stock Exchange – Asia’s oldest stock exchange set up in the year 1875. BSE is one of the world’s fastest Stock Exchange with a Speed of 6 Microseconds.
- Expertise in the domain of Stock exchange, Investor, Regulatory, Compliance areas
- Accepted leader in knowledge services in the securities market industry
- Design and delivery of training programs in domestic and international knowledge markets
- Comprehensive portfolio of programs
- continual evolution of curriculum designs to keep pace with market dynamics
- Focus on industry practice
- Access to pool of professionals, practitioners and eminent personalities from industry
- Global best practices with local execution
Programs at BIL are designed to be at the forefront of the current and evolving practice of business. It offers a bouquet of courses related to financial markets for students interested in achieving and upgrading their skills. The courses range from 1 day programs to full-fledged 2 years post graduate programs in collaboration with reputed national and international universities eg. Mumbai University, Otago University, Western Sydney University etc. BIL also conducts collaborative programs with its international partners which include the Ryerson University – (Toronto, Canada), Nyenrode Business School (Netherlands), Frankfurt School of Finance & Management (Germany), Singapore Management University, University of Western Sydney – Australia, Thailand Securities Institute ( TSI ), Australian Trade Commission, Toronto Financial Services Center (Ontario, Canada), International Financial Center Montreal (Quebec, Canada), and IBMC Financial Group, UAE.
BIL promotes skill development initiatives across the country by delivering various programs that are aimed at social inclusiveness and providing meaningful livelihood to the underprivileged. BSE Institute is the Founder & Promoter of the BFSI Sector Skill Council formed under Ministry of Finance and National Skill Development Corporation (NSDC).
BIL promotes the innovation culture through the Zone Startups, India (ZSI). It is a joint venture between Ryerson University (Toronto), Bombay Stock Exchange (BSE) Institute and Vancouver-based Simon Fraser University, in collaboration with the Government of Ontario, Canada. This is the first accelerator that provides a bridge between Indian and North American start-ups which is physically present in both countries.
About Sasha Infrastructure Pvt. Ltd, Israel
Sasha Infrastructure Pvt Ltd is a Private Limited Company registered in Mumbai, India with an active interest in an extensive range of infrastructure and construction projects for the past 5 years, in India and Israel. With a collective group history and experience of over 50 years in these fields. SASHA is now ready to widen its footprints across India and around the world. Armed with end-to-end entrepreneurial experience as well as technical knowledge of every aspect of construction, right from locating the ideal site to delivering ‘turn-key’ residential and office space projects, as well as executing widespread water dissemination projects, SASHA has garnered a strong reputation of dependability and commitment. SASHA was founded by Mr. Yuval Shacham and Mr. Romiel Samuel in Mumbai. SASHA is now being fortified with support from international companies for its future projects and is bracing for a meteoric rise in the 21st Century.