Jamshedpur, March 31: The state industries department had recently given its approval for the formation of a company to look after the water supply in the Adityapur industrial area.

The entity will initially be a 100 per cent subsidiary of the Adityapur Industrial Area Development Authority, the government-backed nodal agency that takes care of the all-round development of the industrial area.

The cabinet approval for the new entity is expected soon, after which the company will come into existence.