Acquires significant land parcel for building an Electronic Specialty Gas Hub

Plans investments of ₹500 Cr to boost gas purification capacities, build import-linked supply chains, and deploy advanced logistics & packaging solutions

Mumbai, 6th October, 2025: INOX Air Products (INOXAP), India’s leading producer of industrial and electronic gases, today announced a major investment initiative to support the country’s fast-growing semiconductor and OSAT (Outsourced Semiconductor Assembly and Test) sectors. The Company has already acquired a strategic land parcel in Dholera, Gujarat earlier this year, for construction of an Electronic Specialty Gas Hub which is currently in advanced stage of planning. The upcoming Hub will manufacture and supply Ultra High Purity (UHP) bulk and specialty gases—including Nitrogen, Oxygen, Argon, Hydrogen—essential for advanced semiconductor fabrication. Designed as both a production and fulfilment centre, the Hub will ensure reliable, contamination-free delivery to fabs and OSAT units across India.

This investment forms part of INOXAP’s ₹500 Cr outlay to expanding purification capacities, building import-linked supply chains for critical gases, and deploying advanced transport and packaging solutions. The initiative reflects INOXAP’s long-term strategy to be an integral part of India’s high-tech ecosystem, enabling the next generation of semiconductor and electronics manufacturing.

Speaking on the plans, Siddharth Jain, Managing Director - INOX Air Products said “INOXAP is proud to invest in Dholera, reinforcing our commitment to building a future-ready, self-reliant supply chain for India’s semiconductor ambitions. With the Hub, we are building the foundation for a self-reliant supply chain that can power the ambitions of global chipmakers and electronic manufacturers choosing India for setting up fabs. With a pan-India footprint, and decades of operational excellence, we are deploying the full breadth of our engineering and execution capabilities for creating a world-class infrastructure. This initiative is deeply aligned with the vision of Make in India and Atmanirbhar Bharat, enabling India to compete at a global scale.”

INOXAP is already supporting the operational needs of India’s first semiconductor investment in Gujarat, underscoring its readiness to serve advanced fabrication facilities with ultra-high purity gases and contamination-free delivery systems. INOXAP also operates 6 large Air Separation Units in Gujarat for manufacturing Liquid Oxygen, Liquid Nitrogen and Liquid Argon, servicing the industrial gas needs of multiple manufacturing sectors including semiconductors and solar cells. With a robust national presence and access to global best practices through its partnership with Air Products, INOXAP is uniquely positioned to deliver the reliability, safety, and quality demanded by the world’s most advanced chipmakers.

Specialty and bulk gases play a vital role in semiconductor fabrication, enabling precision in etching, deposition, doping, and chamber cleaning. Their ultra-high purity is essential to wafer integrity, device performance, and fabrication yield.

The partnership will significantly increase INOXAP’s share of renewable energy in its energy mix

The agreement enables flexible, multi-location energy use across four states under the ISTS framework

May 5th 2025, Mumbai: INOX Air Products (INOXAP), India’s largest manufacturer of industrial, electronic and medical gases, has signed an agreement to procure 75 MW of Hybrid Renewable Energy from Serentica Renewables, a leading renewable energy provider in India. Under this agreement, Serentica will supply hybrid renewable energy to INOXAP, through its Inter-State Transmission System (ISTS) project, enabling competitive tariffs and flexible power usage across multiple locations of INOXAP in four different states.

This agreement marks a significant milestone in INOXAP’s green-energy-transition journey by significantly increasing the share of renewable energy in its energy mix. 75 MW of hybrid energy will power four of INOXAP’s key manufacturing sites in four different states.

Commenting on INOXAP’s milestone in INOXAP’s green-energy transition, S K Jena, Head – Operations (LASU & Onsite plants), INOX Air Products, said, “With decarbonization as a priority, we are committed to integrating sustainable practices into every facet of our operations. This agreement is a major leap in our decarbonization journey, as it would enable us to significantly increase the share of renewable energy in our energy consumption mix and get closer to our Net-Zero target. We are excited to reinforce our commitment to clean energy, while ensuring operational excellence across our facilities."

Commenting on the agreement, Akshay Hiranandani, CEO of Serentica Renewables, said, “This partnership reflects our shared commitment in driving decarbonization across India’s industrial ecosystem. The scale and inter-state nature of this project showcases our evolving capabilities to deliver firm, reliable, and geographically flexible clean energy to large enterprises. As this is ISTS-connected project, it represents a major step forward in enabling large industrial customers like INOXAP to seamlessly transition to sustainable operations across the country.”

The solar-powered Plant comes up under an industry pioneering 20-year off-take agreement

This is India’s first Green Hydrogen Plant for the Float Glass industry, signaling the introduction of sustainability in Glass production

With a total capacity of 190 TPA, the Plant would supply 95 TPA Green Hydrogen to AIS in Phase-1

Use of Green Hydrogen at AIS’s facility would reduce carbon emissions by around 1250 MT annually and 25000 MT over the 20-year agreement period

Mumbai, 28th March, 2025: INOX Air Products (INOXAP), India’s largest manufacturer of industrial, electronic and medical gases, today announced the successful commissioning of its first-ever Green Hydrogen manufacturing Plant at Asahi India Glass Limited’s (AIS) greenfield float glass facility at Soniyana in Chittorgarh, Rajasthan. AIS, India’s leading glass manufacturer, have entered into a 20-year offtake agreement with INOXAP for supply of Green Hydrogen, to this facility. The Plant, powered by solar energy, will have a capacity to generate up to 190 Tons of Green Hydrogen per Annum through the electrolysis process. This will be India’s first instance of use of Green Hydrogen in the Float Glass manufacturing process, paving the way for sustainable glass production.

INOXAP is responsible for the design, engineering, installation, operations and a continuous supply of Green Hydrogen to the AIS facility for a period 20 years. In the first phase, 95 TPA Green Hydrogen will be supplied to AIS. As a part of the agreement, AIS has invested in the solar power plant, which is supplying renewable energy for the generation of Green Hydrogen, which would be further consumed in AIS’s float glass manufacturing process.

Commenting on the commissioning of INOXAP’s first Green Hydrogen plant, Siddharth Jain, Managing Director – INOX Air Products stated, “We are delighted that our Green Hydrogen journey is underway with AIS for their Soniyana facility. Our first Green Hydrogen Plant, is also India’s first ever Green Hydrogen plant for the Float Glass sector. The trust shown by AIS in our capabilities is a testament to our expertise in safety, technology and project management. It is heartening to share that our Green Hydrogen supplies would substantially reduce CO2 emissions at this facility to the tune of 1250 MTPA. Green Hydrogen will play a pivotal role in India’s energy transition towards decarbonization and a secured energy future for our country as well as the planet. We look forward to strengthen our Green Hydrogen supplies to more sectors and businesses which are looking to bring down emissions and contribute towards India’s march towards net-zero by 2070.”

Speaking on the occasion, Rupinder Shelly, COO-Architectural Glass, Asahi India Glass Ltd said, “We are proud to be the first Glass manufacturers in India who are putting Green Hydrogen to use in the float glass manufacturing process. With the commissioning of INOXAP’s Green Hydrogen plant at our facility, our commitment to sustainability has got stronger. With an objective of fulfilling 94% of our power requirements through green and sustainable energy sources at our Soniyana facility, we will continue to invest and build our capabilities on Sustainability, Circularity, and De-carbonization. Our investments towards generating electricity from flue gases before releasing through chimney is a step in the same direction. This pioneering initiative not only exemplifies our shared vision for a greener future but also reinforces India's position as a global leader in renewable energy adoption.”

AIS has commissioned a greenfield project in Chittorgarh, Rajasthan for manufacturing high-quality float glass to be used for automotive and architectural purposes with technology collaboration from its partners - AGC Europe. The agreement with INOX Air Products for setting up a Green Hydrogen plant for this project is a part of AIS’s overall sustainability strategy, and is inspired by their vision to reduce carbon footprint in the glass manufacturing process.

The Plant with a capacity of 1700 TPA would deliver 6N purity levels

Nitrous Oxide is a critical input for the solar & semiconductor segments

A significant step towards India’s self-reliance; commissioning of the Plant strengthens the gases & chemicals supply chain for the electronics industry through import substitution

Mumbai, 17th January 2025: India’s largest industrial gases manufacturer, INOX Air Products (INOXAP), has announced the commissioning of India’s first Ultra High Purity (UHP) Electronic Grade Nitrous Oxide Plant with a capacity of 1700 Tons Per Annum (TPA) at Manali, Chennai. The state-of-the-art facility would produce UHP Electronic Grade Nitrous Oxide with an exceptional 6N (99.9999%) purity level, adhering to tightly controlled specifications for ensuring minimal contamination. The Plant’s capabilities make it a transformative solution for the electronic, semiconductor and solar industries, while ensuring superlative quality for the final product. With ready availability of Nitrous Oxide, a critical input for the solar and semiconductor segment, the commissioning of this Plant strengthens the gases and chemicals supply chain for the electronics industry through import substitution.

As an industry-first, INOXAP’s Nitrous Oxide Plant is a pioneering move, which showcases its intent to stay ahead of the curve in order to augment the high-tech sectors. Aligned with the goals of India Semiconductor Mission, the Plant aims at driving advanced manufacturing and fostering self-reliance in high-tech sectors. The Plant also depicts INOXAP’s commitment to sustainability and energy-transition.

Sharing his views on the commissioning of the plant, Siddharth Jain, Managing Director – INOX Air Products said, “The commissioning of India’s first Ultra-High Purity Nitrous Oxide plant is a strong testament of INOXAP’s capabilities of creating powerful assets and solutions that create tremendous value for its stakeholders. We are committed to make our country self-reliant while building a strong supply chain for essential gases for the electronics, solar and semiconductor segments. We are constantly evaluating opportunities to invest towards building product offerings for next-gen technology sectors which will define India’s future economic growth trajectory.”

Nitrous Oxide’s unique properties contribute to the precision, efficiency, and environmental sustainability of processes crucial for creating the electronic devices. Nitrous Oxide plays a critical and multi-faceted role in the electronic devices industry, particularly in gas-phase chemical deposition for the production of solar PV cells and semiconductors (chips, circuits, and transistors). It reacts with Silane or other silicon precursors to create high-quality oxide films, used as electrical insulators in microelectronic transistors. It also serves as an oxygen precursor for silicon oxide, silicon oxynitride, low-k dielectric thin films and metallic oxides.

The ASU with a capacity of 2150 TPD would supply Oxygen, Nitrogen and Argon to SAIL Bokaro

This is INOXAP’s largest–ever investment in a Greenfield Oxygen Plant

This is also the largest-ever ASU installed at any of the SAIL’s facilities

Mumbai, 15th January 2025: INOX Air Products (INOXAP), India’s largest manufacturers of Industrial Gases, has successfully commissioned its largest-ever Air Separation Unit, with an installed capacity of 2150 Tons Per Day (TPD), at the Steel Authority of India’s (SAIL) Bokaro Plant. With an investment of INR 750 crore, the project is a result of INOXAP’s largest-ever investment in a Greenfield Oxygen Plant in India. This is also the largest-ever ASU installed at any of the SAIL’s facilities across the country.

The state-of-the-art ASU will generate 2150 TPD of Industrial Gases, including 2000 TPD of Gaseous Oxygen, 150 TPD of Liquid Oxygen, 1200 TPD of Gaseous Nitrogen & 100 TPD of Argon. INOXAP already operates an ASU with a capacity of 1250 TPD at SAIL’s Bokaro Plant. With this commissioning, INOXAP’s combined production capacity at SAIL’s Bokaro Plant is now more than 6300 TPD for all gases.

Sharing his views on the commissioning, Siddharth Jain, Managing Director – INOX Air Products said, “The commissioning of our largest-ever ASU, at SAIL’s iconic Bokaro Plant is a massive milestone in our Company’s journey. Considering that this is SAIL’s largest ASU at any of its facilities brings us immense pride and stands testimony to our capabilities and reliability. We firmly believe that our association of nearly 2 decades with SAIL, has enabled us to play an impactful part in the nation’s growth story. We are committed to exceed expectations of every stakeholder in the value-chain, while consolidating our leadership position.”

INOXAP’s long term onsite gas supply partnership with SAIL in year 2008 with the setting up of its 1st cryogenic ASU on BOO basis at Bokaro Steel Plant, followed by another ASU at SAIL’s Salem Plant with a capacity of 108 TPD in 2011.

INOXAP’s to invest Rs 100 Cr in building a comprehensive supply chain for TPSL’s Tirunelveli facility

Will set up a fulfilment center adjacent to TP Solar’s facility for ensuring seamless and reliable supplies of Ammonia, Silane, Nitrous Oxide & TMA

INOXAP was earlier awarded a 15-year contract in 2023 for setting up a ultra-high purity cryogenic Nitrogen generator and supply facility for Ultra High Purity Oxygen at TPSL premises

Mumbai, 10th January 2025 : INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, has been awarded yet another long-term contract for Specialty Gases from TP Solar Ltd (TPSL), a subsidiary of Tata Power Renewable Energy Ltd (TPREL). INOXAP would supply Nitrous Oxide, Ammonia, Silane, Trimethyl Aluminum (TMA) in ISO containers, Tube Trailers and canisters to TPSL ensuring a seamless and reliable supply for its Solar cell & module manufacturing facility at Tirunelveli in Tamil Nadu. The partnership also includes a comprehensive gas management solution for the supply, distribution, and onsite management of these electronic specialty gases, tailored to meet TPSL’s operational and production requirements. As part of its commitment to meeting TPSL’s needs, INOXAP has also invested additionally for setting up a dedicated fully-equipped fulfilment center in Tirunelveli adjacent to the facility.

The new contract adds strength to the partnership between INOXAP and TPSL, building on the earlier 15-year contract for a fully integrated ultra-high purity cryogenic Nitrogen generator at the same facility for providing Nitrogen and Oxygen through a dedicated pipeline. INOXAP’s cumulative investment towards building a comprehensive product supply chain for TPSL’s Tirunelveli facility, including the on-site Nitrogen generator, fulfilment center, ISO containers, small gas packages and other components will be Rs 100 Cr.

Under a long-term contract, INOXAP deploys owned ISO containers for Ammonia, Nitrous Oxide and Silane, ensuring a seamless and reliable supply

The partnership includes a comprehensive gas management solution for supply, distribution, and onsite management of electronic specialty gases

Mumbai, 27th November, 2024. INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, has announced the commencement of electronic and specialty gas supplies for Renew’s manufacturing facility at Dholera, Gujarat. As part of a long-term contract, INOXAP will provide key electronic gases such as Nitrous Oxide, Ammonia, and Silane through a robust supply chain, strengthened by the deployment of owned ISO containers, to ReNew Photovoltaics Pvt. Ltd for their first solar PV Cell manufacturing facility at Dholera, Gujarat. INOXAP has deployed ISO containers, and Tube Trailers, for these critical gases, supporting the manufacturing of Solar PV Cells, for ensuring a seamless and reliable supply.

The partnership includes a comprehensive gas management solution for the supply, distribution, and onsite management of electronic specialty gases, tailored to meet stringent quality and reliability demands of ReNew’s operational requirements.

Kailash Vaswani, Chief Financial Officer, ReNew, said, “ReNew is focused on supporting India’s energy independence. By integrating INOX Air Products’ advanced gas supply solutions, we aim to set an industry benchmark in efficient and sustainable PV cell production.  The collaboration will help establish our facility as a key hub in the clean energy ecosystem.”

INOXAP’s state-of-the-art ISO containers and specialized trailers meet the highest safety standards, significantly reducing emission risks while enhancing the efficiency of gas delivery. These ISO containers are reusable, aligning with the sustainability objectives of both companies and supporting the eco-friendly production of Solar PV cells. This robust logistics network ensures ReNew receives a consistent, efficient, and safety-compliant gas supply, contributing to a more reliable energy production process. It also helps reduce the carbon footprint and lowers the cost per watt for solar energy production at ReNew’s Dholera facility. By investing in this pioneering infrastructure, INOXAP is helping to meet the growing demand for clean, renewable energy in India while advancing the country’s energy transition goals.

The partnership would advance research in the fields of semiconductor and quantum technologies, driving innovation in academia & industry

The Lab would house a Molecular Beam Epitaxy unit that would be commercialized, for creating fault-tolerant quantum material, making the research affordable and accessible

The research would reduce reliance on costly imported equipment and help develop skilled talent in the country, strengthening its position globally

INOX Group’s ventures - INOX Air Products and INOX India Ltd – will contribute towards the development of the Lab as a CSR initiative

Mumbai, 16th October 2024. INOX Group, a diversified Indian conglomerate, and Indian Institute of Science (IISc), India’s premier scientific research institution, have signed a Memorandum of Understanding for setting up of INOX Quantum Materials Lab. The Lab would come up at the Centre for Nano Science and Engineering facility at IISc. The Lab is set to focus on the development of topological semiconductors, a critical material for achieving fault-tolerant quantum computing, which will enable the creation of robust and error-resistant quantum states, which holds key to the future of Quantum technology.

With an aim to build an indigenous Molecular Beam Epitaxy (MBE) unit that would be commercialised, the Lab would mark a significant leap towards making advanced semiconductor and quantum technology more accessible and cost-effective in the country. The initiative would address the high cost involved in importing equipment, but would also foster the development of skilled human resources in India. The endeavours would not only benefit the semiconductor industry, but would also further the research around quantum technology, topological insulators, epitaxial ferromagnetic semiconductors, and other quantum materials. IISc would also offer internship opportunities to undergraduates from premium institutes carrying out research in related fields. The Institute would also conduct annual workshops on quantum technologies, besides encouraging publication of research papers and participation in global conferences. Over and above the research, the contribution made by INOX Group would be comprehensively used for developing the lab infrastructure, to development of individual tools, and ensuring technology transfer for the benefit of the industry, as well as society.

Professor Srinivasan Raghavan, Chair of CeNSE at IISc, stated, "In line with our motto, 'from science to systems to society,' we are thrilled to partner with INOX Group to build a Molecular Beam Epitaxy unit which would be commercialised. This collaboration marks a significant step in making advanced technologies more affordable and accessible, while driving research in quantum technology and materials. With INOX Group's support, we will enhance our lab infrastructure, develop essential tools, and promote technology transfer, ultimately benefiting both industry and society."

INOX Group’s ventures - INOX Air Products and INOX India Ltd – will contribute towards the development of the LAB as a CSR initiative. INOX Air Products is India’s largest industrial gas manufacturing company, while INOX India Ltd is a leading global manufacturer of cryogenic equipment and solutions. Through their products and solutions, both companies are playing a pivotal role nationally and globally, towards building the application of Quantum technology and strengthening the semiconductor industry.

INOXAP’s first Green Hydrogen Plant, with 190 TPA capacity, would supply 95 TPA Green Hydrogen to AIS in Phase-1

Slated to get commissioned by Jul’24, the Green Hydrogen Plant will be powered by Solar Power

This will be India’s first Green Hydrogen Plant for the Float Glass industry, paving way for sustainability in Glass production

The project would reduce carbon emissions by around 1250 MT annually and 25000 MT over the 20-year period

Mumbai, 6th May 2024. Asahi India Glass Limited (AIS), India’s leading glass manufacturer, and INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, have entered into a 20-year offtake agreement for supply of Green Hydrogen, to AIS’s greenfield float glass facility in Soniyana in Chittorgarh, Rajasthan. This will be India’s first ever Green Hydrogen Plant for the Float Glass industry, paving the way for sustainable glass production. The Plant will have a capacity to generate up to 190 Tons of Green Hydrogen per Annum through the electrolysis process. Slated to get commissioned by July 2024, the plant will be powered by Solar Energy.

INOXAP is responsible for the design, engineering, installation, operations and a continuous supply of Green Hydrogen to the AIS facility for 20 years. In the first phase, 95 TPA Green Hydrogen will be supplied to AIS. As a part of the agreement, AIS will invest in the solar power plant, which would supply renewable energy for the generation of Green Hydrogen, which would be consumed in AIS’s float glass manufacturing process.

This will be INOXAP’s first ever on-site installation for the solar industry

First Solar’s facility at Pillaipakkam will manufacture high efficiency solar modules