INOX India Ltd secures multiple orders worth ₹939 Cr

Current order book boosted by another ‘Mega’ order in the IG business vertical from the space exploration industry

National: INOX India Limited (INOXCVA), one of the world’s leading cryogenic technology solution providers, has received orders worth ₹939 Crore since 21st May till date, across the business segments of Industrial Gas, Cryo-scientific Solutions and LNG. The order split includes ₹871 Cr in the Industrial Gas segment, ₹44 Cr in the LNG segment and ₹16 Cr in the Cryo-scientific solutions segment, besides Beverage Keg orders worth ₹8 Cr. These orders reaffirm INOX India’s position as a trusted partner for advanced cryogenic systems among leading global and Indian customers.

The order book was boosted by a ‘Mega’ order in the IG business vertical from the space exploration industry, besides ‘Minor’ orders for vaporizers and storage tanks. The Company has secured multiple orders in LNG business vertical for storage tanks, dispensers, semi-trailers and LNG Fuelling station equipment. A ‘Minor’ order was received from ITER as well in this period. The Company has also received multiple orders for disposable cylinders, liquid cylinders, transport tanks and kegs.

Commenting on the orders, Deepak Acharya, Chief Executive Officer, INOX India Limited, said, “These orders reinforce our position as a trusted global partner for mission-critical cryogenic solutions. As we continue to expand our presence across geographies and end-use sectors, we are witnessing strong momentum in the adoption of cryogenic technologies for increasingly sophisticated applications, particularly in the space sector. This growing global confidence in our capabilities motivates us to continually raise the bar on engineering excellence, innovation and execution. We remain committed to delivering world-class cryogenic solutions that enable critical industries and support our customers’ evolving ambitions worldwide.”