INOX Expands Helium Storage as Demand Grows in Key Sectors
INOX India Ltd reported strong FY25 results, with particular relevance to the helium market through its continued development of specialised helium dewars and expansion in cryogenic storage solutions. The company highlighted anticipated strong demand for helium containers in FY26, supported by growth in semiconductor, medical, and research sectors—key helium consumers. Progress in cryogenic equipment for helium storage, alongside orders for nine tanks to a semiconductor customer in Boise, USA, indicates deepening penetration into helium-reliant industries. With total exports reaching ₹717 crore (approx. USD 86 million) and a ₹1,356 crore (USD 163 million) order backlog, INOX’s cryogenic capabilities—especially for helium—are strategically positioned to support global supply chain resilience and rising demand.