Mumbai, Feb. 25 -- Water security challenges could significantly impact its ambitious economic growth targets, India G20 Sherpa and Former CEO of NITI Aayog, Mr Amitabh Kant said at FICCI's 10th India Industry Water Conclave and FICCI Water Awards.

Mr Kant highlighted the stark disparity between India's population and water resources, noting that while the country houses 17% of the global population, it has access to merely 4% of the world's freshwater resources. This imbalance is further exacerbated by the fact that 75% of Indian households currently lack access to drinking water.

"India's ability to grow from a $4 trillion economy to a $30 trillion economy is fundamentally a function of water," Kant said. "Our capacity to grow in an e...