By T.J. Houpes2014-05-26T10:00:00+01:00
Fine Tubes, a leading manufacturer and global supplier of precision tubes for critical applications, has announced that it is strategically relocating its office in India to keep up with the growing demand for its high quality tubing products.
As a result of the company’s increased global capabilities following its partnership agreement with US-based Superior Tube Company, Fine Tubes identified the need for additional resources and a larger facility in India. In order to maintain the highest levels of service across a wider customer base in the region, Noida (known as the industrial hub near Delhi) was the first choice for the new office location.
Gagan Sood, Fine Tubes’ Business Development Executive India, commented, “With an ever increasing demand for Fine Tubes’ high specification tubes in India and Superior Tubes coming on board as a strategic partner, it was necessary to relocate to a new office with greater resources. The new facility situated in the industrial hub of Noida will ensure we will continue to provide high levels of service to our growing customer base including Larsen & Toubro, Bharat Heavy Electricals Limited, Reliance Industries Limited, Lakshmi Precision Tools, and Hindustan Aeronautics Limited.”
Praxair India Private Limited has announced it has signed two long-term contracts with JSW Steel, to operate small on-site nitrogen plants in support of the company’s expansion efforts in the cities of Kalameshwar and Tarapur, located in the state of Maharashtra.
Following market-based economic reforms in 1991, India became one of the fastest-growing major economies and perhaps made the rest of the world sit up and listen. While gas market revenues have been slightly volatile across the 2002-2012 timeframe, the picture is nonetheless one of positivity as a whole.
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