Linde India Limited has set up its first dedicated healthcare cylinder filling site at Siliguri, North of West Bengal (India).

Linde India has invested in the cryogenic liquid storage and cylinder filling facility, installed with modern cylinder filling and handling equipment and product testing laboratory at the site. These standards are in accordance with India Pharmacopeia (IP) regulations.

Linde confirmed reports of the new plant to gasworld and Moloy Banerjee, Managing Director of Linde India, said in a statement, “The India healthcare industry is one of the most vital and fast growing industrial sectors which is expected to reach $160bn by 2017 and $280bn by 2020. We believe in it’s potential and will continue to invest in this industry.”

He added, “This site is strategically located in a state district capital with medium to large population of Level 2 hospitals which is typically located far from state capital and metro cities. Our newest site will bring us closer to our customers and enable us to be more responsive in meeting our customers’ needs for IP-grade medical oxygen and nitrous oxide, Entonox® and other specialty gases.”

gasworld Business Intelligence Fact File:

  • The commercial industrial gases market in India is estimated to have generated revenues of $1.5 billion in 2014.
  • Linde controls around 30% of the Indian industrial gas market.
  • Sales of oxygen account for over 35% of total revenues.
  • Merchant demand for oxygen has increased by approximately 9% p.a. in India since 2014.
  • Forecasts predict that the total value of the industrial gas market in the country will reach revenues of between $1.9 billion and $2.3 billion by 2020.

For more in-depth analysis of national gas markets across the globe, subscribe to Business Intelligence Online: http://www.gasworld.com/intelligence/online/ or email intelligence@gasworld.com for more information.