TIWN

New Delhi, April 23 (TIWN) India's largest industrial and medical gases major Inox Air Products has reached the maximum production capacity of medical grade oxygen during these trying times for the country, a senior company official told IANS.
Accordingly, the company is currently producing a total of 2,000 tonnes of medical oxygen per day. “We are producing a total of 2,000 tonnes per day of liquid medical oxygen, which is almost two-thirds of the country’s total requirement,” Siddharth Jain, Director – INOX Air Products said. Lately, Covid resurgence has led to a massive demand surge for medical-grade oxygen around the country.
The normal pre-Covid demand for liquid medical oxygen was 700 TPD across the country. During the first wave of the pandemic last year, the demand for LMO increased by up to four times to 2,800 TPD. Furthermore, with the resurgence of the second wave, the demand has gone up seven folds of the pre-Covid levels up to 5,000 TPD. “While we hope that the spike in cases is arrested, the success of oxygen therapy in Covid treatment would mean that there will be a sustained demand of LMO in the months to come,” he said.
- GST Council Meeting Today!! Swiggy, Zomato Delivery Charges May Become Cheaper
- 18% GST on Services Provided by Finance Companies to Banks
- India’s Diesel Exports Hit One-Year High in September
- RBI Raises Interest Rate After Nearly Four Years, Loans Could Become Costlier
- Gold Gets Costlier, Silver Demand Rises in this Festiva Season : Report


