INOX India Ltd Secures Multiple Orders Worth ₹373 Crore
Bengaluru: INOX India Limited, a leading cryogenic technology solution provider, has received orders worth ₹373 crore in the current financial year. The orders are spread across various business segments, including Industrial Gas, Cryo-scientific Solutions, LNG, and Beverage Kegs.
Order Breakdown
- Cryo-scientific Solutions: ₹151 crore
- Industrial Gas: ₹141 crore
- LNG: ₹71 crore
- Beverage Kegs: A minor order for supply to a customer in Germany
INOX India has secured a major contract from ITER for the repair of Cryostat Thermal Shield, as well as numerous large and minor orders for supplies of LNG storage tanks, industrial gas storage tanks, transport tanks, dispensers, and disposable cylinders.
“We are excited about the growing applications and use-cases for cryogenic solutions, especially in the clean energy space,” said Deepak Acharya, CEO of INOX India Limited. “We remain committed to delivering high-quality and innovative cryogenic equipment to customers worldwide.”
| Order Classification | Minor | Large | Significant | Major | Mega |
| Value in ₹ Cr | 10 to 30 | 30 to 60 | 60 to 100 | 100 to 150 | Above 150 |
