INOX India Limited (INOXCVA), a global leader in cryogenic technology solutions, has announced the receipt of multiple new orders worth ₹373 crore in the current financial year so far. These orders span all major business segments, including Industrial Gas, Cryo-scientific Solutions, LNG, and Beverage Kegs, reinforcing the company’s leadership and expertise in critical cryogenic applications.
The order breakdown includes:
- ₹151 crore in the Cryo-scientific Solutions segment
- ₹141 crore in Industrial Gas
- ₹71 crore in LNG
Among the standout wins is a ‘Major’ contract from ITER, the prestigious international nuclear fusion research and engineering project, for the repair of the Cryostat Thermal Shield. INOX India also received several ‘Large’ and ‘Minor’ orders for LNG storage tanks, industrial gas tanks, transport tanks, dispensers, and disposable cylinders. Additionally, the company secured a ‘Minor’ export order for Beverage Kegs from a customer in Germany.
Speaking on the developments, Deepak Acharya, CEO of INOX India, stated:
“These orders reinforce our position as a trusted global partner for critical cryogenic solutions. As applications for cryogenics expand—particularly in clean energy—we are inspired to continue pushing the boundaries of cryogenic excellence. We remain committed to delivering high-quality, innovative equipment to our customers worldwide.”
INOX India classifies orders as follows:
- Minor: ₹10–30 crore
- Large: ₹30–60 crore
- Significant: ₹60–100 crore
- Major: ₹100–150 crore
- Mega: Above ₹150 crore