Rising water stress to hurt India’s credit strength, Moody’s says

By Thomson Reuters Jun 24, 2024 | 10:56 PM

BENGALURU (Reuters) – India’s worsening water shortage will pressure the country’s sovereign credit strength, rating agency Moody’s said in a report on Tuesday.

Among industrial sectors, coal power generators and steel makers are most vulnerable to water stress in India, Moody’s said.

(Reporting by Kashish Tandon in Bengaluru; Editing by Savio D’Souza)