Inox Air Products

INOX Air Products
Company typePrivate
ISININE321A01012
IndustryIndustrial gases
PredecessorIndustrial Oxygen Company Private Limited
Founded1963 (1963)
FounderDevendra Kumar Jain
Headquarters,
India
Area served
India
Key people
Pavan Jain, Siddharth Jain
Products
RevenueIncrease1,558 crore (US$180 million)[1] (2020)
Increase1,783 crore (US$210 million)[2] (2021)
Increase859 crore (US$99 million)[2] (2021)
OwnerJain family
Air Products & Chemicals.
ParentInox Leasing and Finance Limited (49.74%)
Air Products & Chemicals (49.74%)
Websiteinoxairproducts.com

INOX Air Products, also known as INOX AP, is the India-based industrial gas company. It is a joint venture between INOX Leasing and Finance Limited and Air Products & Chemicals.[3][4] The company is engaged in the manufacturing, trading, and supply of industrial and medical gases including oxygen, nitrogen, argon, hydrogen,[5] helium, nitrous oxide, acetylene, and specialty gas mixtures.[6]

  1. ^ "Rating Rationale March 05, 2021: Inox Air Products Private Ltd". crisil.com.
  2. ^ a b "CARE Ratings Inox Air Products Private Limited December 06, 2021" (PDF). careratings.com/.
  3. ^ "Forbes India - Inox: The Wind Beneath Its Wings". Forbes India. Retrieved 25 January 2022.
  4. ^ kondratieva&, ksenia (8 May 2018). "Industrial gases maker Air Products to invest $100 m to set up 6 units". www.thehindubusinessline.com. Retrieved 25 January 2022.
  5. ^ Sharma, Pratibha; Rajalakshmi, N.; Muthukumar, P. (2020). Bajpai, Sanjay; Krishna Pai, Ranjith (eds.). India Country Status Report on Hydrogen and Fuel Cells (PDF). New Delhi: Department of Science and Technology (India). p. 17.
  6. ^ Roy, Arti; Shreenivas, Sudarshan (21 January 2021). "CARE Ratings Inox Air Products Private Limited January 21, 2021" (PDF). CARE Ratings. Retrieved 25 January 2022.

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