New Delhi, Aug. 6 -- Despite receiving roughly 4,000 billion cubic meters of annual rainfall, India's rapidly depleting per capita water availability has escalated into a severe management crisis that poses direct financial risks to businesses, according to Bisleri International CEO Angelo George.

Speaking at the Mint Sustainability Summit 2026 held recently in Mumbai, George warned that India's per capita water availability has plummeted by 75% over the past 70 years. If the current trajectory remains unchecked, he noted, large urban centers will face critical shortages by 2035.

"The NITI Aayog 2023 report says that the water crisis accentuates the financial risk for businesses in India. It is not a challenge of rainfall, it is a crisi...