Under the partnership, Memsift Innovations and Parry Enterprises will jointly establish a state-of-the-art membrane manufacturing facility capable of producing up to 1.2 million sq m of high-quality membranes per year (about 2000 industrial scale membrane modules per month). This manufacturing capacity increase will serve the growing demand for Memsift’s technologies across industries including chemical, pulp & paper, pharmaceuticals, semiconductors/microelectronics and food and beverage. It may also play a crucial role in meeting the escalating demand for membranes in the Indian water treatment sector, enabling the provision of clean and safe water to communities across the country.
As part of the agreement, Parry Enterprises will provide critical manufacturing infrastructure and logistical support, while Memsift Innovations will share its advanced membrane manufacturing know-how and proprietary technologies.
Dr J Antony Prince, CEO of Memsift Innovations, said: “This collaboration allows us to leverage Parry Enterprises’ manufacturing expertise and capabilities, enabling us to rapidly expand our reach and deliver our advanced membrane technology to a wider customer base.”
“Together, we will accelerate the development and production of next-generation membranes that offer superior performance, energy efficiency, and cost-effectiveness,” said Rashmi Ranjan Mohapatra, business head, Parry Enterprises India Ltd.
“We are excited to partner with Memsift Innovations and combine our expertise to meet the increasing demand for high-quality membranes,” said Arun Murugappan, chairman of Parry Enterprises India Ltd. “By leveraging our collective strengths, we aim to enhance our market leadership and offer innovative solutions that address the complex challenges faced by various industries.”