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INOX India is focusing on diversification to sustain growth amid ongoing disruptions in global LNG markets linked to tensions in West Asia.
The Vadodara-based company reported revenue of around ₹1,350 crore in FY25 and is targeting ₹1,600 crore in FY26, indicating steady expansion despite volatility in its core LNG segment.
Company officials noted that INOX India is maintaining an annual growth rate of 18–20%, which could help it approach the ₹2,000 crore revenue mark over the next two years. This momentum is being supported by a diversified portfolio spanning LNG infrastructure, industrial gases, and specialised engineering solutions.
By reducing dependence on LNG-related revenues, the company aims to mitigate market risks while building a more resilient and well-balanced business model.
News by Rahul Yelligetti.
