DECEMBER, 20259TOP STORIESDECEMBER, 20259FLIPKART GAINS APPROVAL TO REPATRIATE HOLDING COMPANY TO INDIASED SUPPORTS 99 PERCENT WATER RECOVERY AT COCA-COLA'S JAMMU FACILITYFlipkart, owned by Walmart is making a giant leap towards the potential of going public. Its plan to take its holding company back to India has been passed by the National Company Law Tribunal.This action will bring the e-commerce giant nearer to completing its reverse flip, which is a major legal requirement prior to any domestic first public offering.The NCLT approval allows Flipkart to start the remaining legal and regulatory work needed to complete the reverse flip, which shifts ownership from its Singapore holding entity to an Indian parent. Company insiders say this change will simplify Flipkart's corporate structure and tighten its alignment with the business it actually runs--mostly in India.Flipkart originally shifted its legal base to Singapore in 2011, a common strategy for Indian startups chasing global capital and legal certainty. But times have changed. India's capital markets are deeper now, and policymakers and investors alike are pushing major tech companies to list locally. That shift in market dynamics is a big reason Flipkart is reversing course.Industry watchers see the domicile change as more than a technical fix. "This is about standing in the right place when you go public," says a senior market analyst. With the NCLT nod in hand, Flipkart can push ahead with filings and approvals from other regulators to finish the transition.The company indicates that it does not have any definite IPO schedule. But it has been viewed by many that the reverse flip is a significant precursor. To investors and competitors, the development of Flipkart is an indication of ever-increasing confidence in the Indian markets, and the maturity of the local startup environment seeking to access the local capital pools. Spray Engineering Devices Ltd. (SED), one of India's leading innovative engineering companies, has successfully commissioned its patented Low-Temperature Evaporation (LTE) ZLD system powered by Mechanical Vapor Recompression (MVR) technology at two Coca-Cola's greenfield bottling facilities in Jammu ­ NJ Food LLP, Samba, and Kandhari Beverages Pvt. Ltd., Kathua.The installations mark a major advancement in industrial wastewater recovery and reuse, enabling both plants to achieve complete Zero Liquid Discharge (ZLD) without relying on conventional Effluent Treatment Plants (ETPs).The LTE system treats raw, complex wastewater directly at low temperatures (60°C­65°C) under vacuum, with recycling of heat within the process to maximize efficiency. With energy consumption as low as 13­15 kWh/m³ of feed, the system significantly lowers operational costs while producing clean, reusable condensate water of low Total Dissolved Solids (TDS).Vivek Verma, Managing Director, SED, said, "This project demonstrates how advanced innovative solutions can deliver measurable environmental impact while strengthening business resilience. By partnering with Coca-Cola's bottling facilities in Jammu, we are showcasing how industries can achieve Zero Liquid Discharge in the most energy-efficient and economically viable manner."With its compact, modular design, the LTE system eliminates the need for bulky ETP, RO, boiler, and cooling-tower infrastructure ­ facilitating faster deployment, a smaller footprint, and reduced operational complexity. It also enables recovery of dissolved solids such as salts and sugars, advancing a "waste-to-wealth" model and reducing industrial freshwater dependency.J. S. Kandhari, Managing Director, Khandhari Group, added, "We are satisfied with our decision to replace the conventional ETP with an innovative MVR-based LTE technology. This transition has enabled efficient recovery and reuse of wastewater across our plants, significantly reducing freshwater consumption while ensuring full compliance with Zero Liquid Discharge (ZLD) norms through a state-of-the-art system."The collaboration reflects Coca-Cola's & its bottling facilities' long-term sustainability vision and reinforces SED's leadership in delivering innovative, energy-efficient, and future-ready water-management solutions across industries. As environmental regulations strengthen and manufacturers pursue greater water resilience, SED's LTE technology positions beverage companies ahead of compliance while enabling near-total freshwater independence.
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