INOX Air Products announces Indias largest Greenfield investment in the Industrial Gases Sector of INR 2000 Cr
MUMBAI, India, Feb 22, 2021 /PRNewswire/ -- Supporting the Nation's revival journey through massive investments in core sectors like Manufacturing and Infrastructure as announced in Budget 2021, India's largest manufacturer of Industrial & Medical Gases, INOX Air Products (INOXAP) has laid out massive expansion plans of INR 2000 Crores to build eight new Air Separation Units across the country.
This will be India's largest Greenfield investment plan ever witnessed in the Industrial Gases sector.
With a combined capacity to manufacture more than 1500 Tons Per Day (TPD) of Liquid Gases, the expansion will take INOXAP's total liquid gases production to 4800 TPD by 2024.