Inox Air to set new facility to infuse Rs 500 crore
The leading manufacturer of Industrial & Medical Gases in India Inox Air Products has plans to invest Rs 300-500 crore to establish purification facilities and a supply chain for gases used by semiconductor fabrication facilities in India.
As per the firm funds will be invested on a smaller scale this year and will be scaled up in the future in tandem with the demand generated by semiconductor fabrication companies planning to set up manufacturing units in India in the coming years.
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