Inox Air Products Limited

INOX Air Products Limited, incorporated in April 1966, is an integrated manufacturer and supplier of industrial, medical, electronic and specialty gases in India. Its product portfolio includes oxygen, nitrogen, argon, hydrogen, carbon dioxide, acetylene, helium, silane, ammonia and nitrous oxide, along with medical oxygen, welding mixtures and specialty gas blends. These products serve industries such as steel, oil and gas, chemicals, healthcare, pharmaceuticals, electronics, semiconductors, solar energy, glass, automotive and general manufacturing. The company operates through three business verticals: On-site Gases, Merchant Gases, and Packaged and Specialty Gases, catering to different customer requirements and delivery models. As of March 31, 2026, its existing and upcoming on-site gas capacity totalled 20,388 tonnes per day (TPD), while its merchant liquid gas capacity reached 6,027 TPD. The company served more than 3,000 customers, with its top 10 customers having an average relationship duration of 15.90 years based on revenue from operations. INOX Air Products operates across 57 locations in 15 states and one Union Territory, with infrastructure that includes air separation units, nitrogen generators, hydrogen production units, cylinder filling stations and storage facilities. As of March 31, 2026, it operated 739 cryogenic tankers and maintained approximately 140,000 cylinders for packaged and specialty gas distribution. Jointly owned by the INOX Group and Air Products Group since 1999, the company combines domestic market expertise with international technical capabilities and industrial gases experience. With more than six decades of operations in India, it has developed an integrated presence across key industrial gas markets. As of March 31, 2026, the company employed 1,845 permanent employees and 1,186 contract workers, supported by experienced teams across engineering, project management, plant operations, logistics and safety.