New Delhi, 13 August 2020: The Indian Olympic Association (IOA), governing body for the Olympic Movement in India and INOX Group, a globally acclaimed Indian conglomerate with diverse business interests, today announced a new partnership. The partnership between IOA and INOX will see the Group associate with IOA as official sponsor of the Indian Olympic Team to the Olympic Games Tokyo 2020. In addition, the partnership agreement will further support Team India’s promotions through the Group’s entertainment company, INOX Leisure Limited, allowing a larger audience to experience and identify the spirit of “Ek India Team India” at its distinct multiplex properties around the country, fostering the fan base that cheers upon and supports Team India athletes as they take to the world arena in the Olympic Games.  In his statement while announcing the association, IOA Secretary General Mr. Rajeev Mehta said, "We are happy to announce this partnership with INOX Group which will be beneficial for all our athletes and the organisation. I would like to thank INOX Group and Mr. Jain for showing their support for Team India, even under the current circumstances." On signing the partnership agreement, INOX Group Director, Mr. Siddharth Jain said, “INOX Group has always assigned priority to India’s all-round progress. We are honoured and privileged to be able to support India’s Olympic dream through this prestigious association with the Indian Olympic Association. We look forward to the Indian contingent scaling new heights in the next Olympics.” INOX Group has always been at the forefront of promotion of sports in the country. In the recent past, the Group has worked towards supporting various sporting events, teams and leagues in the field of Table Tennis, Football, Badminton, Running, Basketball and Cricket, and building awareness among masses through effective promotional initiatives. 

Air Products (NYSE: APD) today announced that INOX Air Products Ltd., its joint venture (JV) in India, will build six new air separation units (ASU) which will serve the growing onsite and merchant liquid industrial gases market in India. The six plants are scheduled to come onstream during the course of 2018 and 2019. “The investment in this capacity will bring much needed product into the Indian market. As one of the fastest growing economies in the world, we continue to invest in these projects to ensure that we are in the best position to support the continued growth of the India Economy in general, and the manufacturing industry in particular. The positioning of this capacity in key industrial regions will enable us to serve our customers with market leading efficiency and reliability,” said Siddharth Jain – Director, INOX Air Products. “We are very pleased to be able to announce these investments, totaling over $100 million. We are proud to be able to play our part in making “Make in India” a reality, as efficient and reliable supplies of industrial gases are a key enabler for manufacturing,” added Richard Boocock, president - Air Products Industrial Gases, Middle East, India, Egypt and Turkey. In building these six new plants, INOX Air Products’ industrial gas market presence in India will continue to grow, and further strengthens the already established leadership position the company has in the merchant industrial gases market in India. The plants will have a combined capacity of over 1,200 metric tonnes per day of liquid product and will serve a variety of regional markets and industry segments across India such as: iron and steel making, glass manufacturing and pharmaceuticals.