“WE EXPECT DOUBLE-DIGIT GROWTH OVER THE COMING YEARS”

Since you assist numerous companies in manufacturing, do you see recovery in India post-Covid?

Air Products is among the leading industrial gases companies globally. Our market capitalisation is around $60 billion. That makes us one of the bigger American specialty chemical companies. Our industrial gases business is growing in double digits. Obviously, there was some disruption related to the pandemic. India is a growing market for manufacturing. The policies announced in the last few months around self-reliant India are supportive of continued growth of manufacturing in India. This means consumption of industrial gases will continue to grow. A lot of industrial gases are used in iron and steel manufacturing, semiconductor manufacturing, food processing, glass manufacturing, tyre production, and so on.

With Air Products and INOX Air Products (joint venture), we are definitely the leading industrial gases companies in India. India is