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INOX Air Products announces Rs 2,000 cr investment in industrial gases

Eight new air separation units to come up from FY22 to FY24

INOX AP currently manufactures 3300 TPD of liquid gases across 44 locations in the country.
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INOX AP currently manufactures 3300 TPD of liquid gases across 44 locations in the country.

Jyoti Mukul New Delhi
India’s largest manufacturer of industrial and medical gases, INOX Air Products (INOXAP) plans to invest Rs 2,000 crore to build 8 new air separation units across the country. This will be India’s largest greenfield investment plan in the industrial gases sector. This follows a manifold increase in demand for medical oxygen because of the Covid-19 pandemic though the company says it is looking ahead at the government's push for the manufacturing and infrastructure sector. 

With a combined capacity to make more than 1500 tonne a day (TPD) of liquid gases, the expansion will take INOXAP’s total liquid gases production to