INOX India, a leading global provider of cryogenic technology solutions, has secured fresh orders worth Rs. 939 crore since May 21, strengthening its order book across its Industrial Gas, LNG and Cryo-scientific Solutions businesses.
The largest share of the orders came from the Industrial Gas segment, which accounted for Rs. 871 crore, followed by Rs. 44 crore from the LNG business and Rs. 16 crore from Cryo-scientific Solutions. The company also received ₹8 crore worth of Beverage Keg orders.
The latest wins reinforce INOX India's standing as a preferred supplier of advanced cryogenic systems to leading customers in India and overseas.
The order inflow was led by a mega order in the Industrial Gas business from the space exploration industry, complemented by several minor orders for vaporizers and storage tanks.
In the LNG segment, the company secured multiple orders for storage tanks, dispensers, semi-trailers and LNG fuelling station equipment. During the period, INOX India also received a minor order from ITER, while adding multiple orders for disposable cylinders, liquid cylinders, transport tanks and beverage kegs.
Commenting on the order wins, 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."
