The industrial gases market in India is growing at a fast pace due to increasing industrialization, infrastructure and adoption of technologies that use the gases. The industrial sector in India is backed by government schemes such as Make in India and other favorable government policies for ease of doing business. Some of the industries that use industrial gases include the manufacturing industry especially the steel, automotive and electronics industries in activities like welding, cutting, and heat treatment. This demand is further fueled by the increasing construction and infrastructure projects all over the country.
This sector has also come out as one of the major consumers of the industrial gases especially oxygen and nitrogen which are used in medical purposes such as in surgeries, respiratory therapies, and diagnostic procedures. This is particularly true following the COVID-19 outbreak that brought into focus the importance of oxygen in the health sector hence the push for production and distribution capacity of medical grade gases. Technological developments and improvements in the production of gas, its storage, and delivery also play the important role in the changes on the market. Business entities are spending in superior technology so as to increase productivity, decrease emission and to be capable to meet high quality standards. Also, the move towards sustainable operations and the use of clean energy is propelling the use of hydrogen as a fuel and a raw material to manufacturing industries that seek to minimize on green gas emissions.
In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this industry with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
We welcome any feedback and suggestion that you may have regarding this special issue
.jpg "Artificial Intelligence to Revolutionize Advanced Chip Design")
