Released April 30, 2021 | NEW DELHI
en
Researched by Industrial Info Resources (Sugar Land, Texas)--COVID-19 transmission in India is exploding at a rate unseen anywhere else, which has led to a sharp rise in demand for medical oxygen, which is in short supply.
INOX Air Products is meeting more than 60% of the total medical oxygen demand in India, according to to India's Business Standard.
Healthcare facilities in India typically consume about 15% of oxygen supply in India, but with the latest COVID surge, nearly 90% of the country's oxygen is being diverted for medical use, according to BBC news.
INOX Air Products Limited, a major producers of industrial gases in the country, plans to invest about $260 million in the production of oxygen or other industrial gases, in parts of India experiencing peak demand.
Most of the investment is earmarked for six new grassroot facilities, a unit addition and an in-plant expansion. If you subscribe to Industrial Info's Chemical Processing project database, click here for a list of projects.
Click on the image at right for a graph detailing projects by Indian state.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
INOX Air Products is meeting more than 60% of the total medical oxygen demand in India, according to to India's Business Standard.
Healthcare facilities in India typically consume about 15% of oxygen supply in India, but with the latest COVID surge, nearly 90% of the country's oxygen is being diverted for medical use, according to BBC news.
INOX Air Products Limited, a major producers of industrial gases in the country, plans to invest about $260 million in the production of oxygen or other industrial gases, in parts of India experiencing peak demand.
Most of the investment is earmarked for six new grassroot facilities, a unit addition and an in-plant expansion. If you subscribe to Industrial Info's Chemical Processing project database, click here for a list of projects.Click on the image at right for a graph detailing projects by Indian state.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
