Wednesday, 8 July 2026

Indian corporate news, decoded into deal flow

DEAL FLOW
The Leela Ascends to World’s #2… ▲ RESULTS Marksans Pharma Acquires Germany’s ABCnow GmbH… ▲ MERGERS & ACQUISITIONS Uno Minda Announces ₹320 Crore Capacity… ▲ CAPEX & FUTURE PLAN INOX India Limited Secures Monumental ₹939… ▲ ORDER BOOK SEPC Announces ₹1,530 Crore UAE Acquisition… ▲ MERGERS & ACQUISITIONS Sun Pharma Shines Bright: FY26 Investor… ▲ RESULTS SRG Housing Finance Reports Strong FY26… ▲ RESULTS
Home / Order Book / INOX India Limited Secures Monumental ₹939 Cr Orders, Propelled by Mega Space Exploration Win
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INOX India Limited Secures Monumental ₹939 Cr Orders, Propelled by Mega Space Exploration Win

INOX India Limited (NSE: INOXCVA) has strengthened its order book by securing new orders worth ₹939 crore since May 21, 2026, reflecting strong demand for its advanced cryogenic technology solutions across multiple industries.

The latest order wins span the company’s Industrial Gas, LNG, Cryo-scientific Solutions, and Beverage Kegs businesses. A key highlight is a major order from the space exploration sector, reinforcing INOX India’s growing presence in one of the world’s most technologically advanced industries.

Space Sector Order Leads Strong Business Momentum

The largest contribution comes from the Industrial Gas segment, which received orders worth ₹871 crore. This includes the significant space exploration project along with contracts for cryogenic storage tanks, vaporizers, and related equipment.

The space industry increasingly relies on cryogenic technology for storing and handling super-cooled gases used in rocket propulsion and other critical applications. Winning such a contract highlights INOX India’s engineering capabilities and its ability to deliver high-precision solutions for mission-critical projects.

Order Book Breakdown

The company’s latest order inflow includes:

  • Industrial Gas: ₹871 crore
  • LNG Segment: ₹44 crore
  • Cryo-scientific Solutions: ₹16 crore
  • Beverage Kegs: ₹8 crore

The LNG segment orders cover storage tanks, LNG dispensers, semi-trailers, and fuelling station equipment, supporting the continued expansion of cleaner energy infrastructure.

Meanwhile, the Cryo-scientific Solutions business secured orders worth ₹16 crore, including a project from ITER, one of the world’s largest international nuclear fusion research initiatives.

Management Highlights Growing Global Demand

Commenting on the new orders, Deepak Acharya, Chief Executive Officer of INOX India Limited, said the latest wins reinforce the company’s position as a trusted supplier of mission-critical cryogenic solutions across global markets.

He noted that the company continues to witness strong momentum across industries, particularly in advanced sectors such as space exploration, where precision engineering and technological expertise are essential. According to him, INOX India remains focused on engineering excellence, innovation, and reliable execution as demand for specialized cryogenic solutions continues to grow worldwide