INOX India Ltd secures multiple orders worth ₹373 Cr

INOX India Limited (INOXCVA), one of the world’s leading cryogenic technology solution providers, has received orders worth ₹373 Crore in the current Financial Year so far, across all the business segments of Industrial Gas, Cryo-scientific Solutions, LNG and Beverage Kegs. The order split includes ₹151 Cr in

the Cryo-scientific Solutions segment, ₹141 Cr in the Industrial Gas segment, and ₹71 Cr in the LNG segment. These orders reflect continued trust from global and domestic customers in INOX India's advanced cryogenic systems and capabilities.

The Company has secured a ‘Major’ contract from ITER for the repair of Cryostat Thermal Shield, besides numerous ‘Large’ and ‘Minor’ orders for supplies of LNG storage tanks, Industrial Gas storage tanks, transport tanks, dispensers and disposable cylinders. Company has also received a ‘Minor’ order for supply of Beverage Kegs to a customer in Germany.

Commenting on the orders received, Deepak Acharya, Chief Executive Officer - INOX India Limited, said, “These orders reinforce our position as a trusted global partner for critical cryogenic solutions. Besides our growing presence across segments and markets, we are equally excited about the growing applications and use-cases for cryogenic solutions, especially in the clean energy space. The positive impact created by our solutions, inspires us to raise the bar of cryogenic excellence. We remain committed to delivering high-quality and innovative cryogenic equipment to customers worldwide.”