INOXCVA
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| Private company | |
| ISIN | 🆔 |
| Industry | Engineering healthcare energy food processing industrial gases manufacturing cryogenic storage |
| Founded 📆 | 1996 |
| Founder 👔 | Jayanti Patel Deepak Shah |
| Headquarters 🏙️ | Vadodara, Gujarat, India |
Area served 🗺️ | Worldwide |
Key people | Jayanti I. Patel (Chairman and Managing director) Pankaj K. Patel (CEO) Jatin A. Patel (CFO) |
| Revenue🤑 |  ₹7.99 billion (US$110 million)[1] (2022) |
| ₹1.3 billion (US$18 million)[1] (2022) | |
| Total assets | ₹9.2 billion (US$130 million)[1] (2022) |
| Total equity | ₹5.34 billion (US$74 million)[1] (2022) |
| Members | |
Number of employees | 500[2] (October 2022) |
| Parent | INOX Group |
| Subsidiaries |
|
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
| {{#set:Twitter= }} | |
| Footnotes / references [3] | |
INOX INDIA LTD(INOXCVA) is an Indian company that specializes in engineering, manufacturing, and servicing cryogenic storage and transportation equipment. The company was founded in 1996 and is headquartered in Vadodara, Gujarat, India.[4]
INOXCVA produces a range of cryogenic products, including storage tanks, transport tanks, vaporizers, and other related equipment. These products are used in industries such as healthcare, industrial gases, energy, and food processing. The company has a global presence, with manufacturing facilities in India, China, and the United States, as well as sales offices and service centers in various countries around the world.[5]
History[edit]
- 1996: INOXCVA was founded as a joint venture between Gujarat Fluorochemicals Limited (GFL) and Cryogenic Vessel Alternatives (CVA) of the US.[6]
- 1997: INOXCVA established its first manufacturing facility in Kalol, Gujarat, India.[7]
- 2003: INOXCVA set up its second manufacturing facility in Vadodara, Gujarat, India.[7]
- 2006: INOXCVA established a joint venture with Chart Industries of the US to manufacture and market cryogenic equipment in India.[8]
- 2007: INOXCVA acquired the cryogenic equipment division of the Indian company Godrej & Boyce.[9]
- 2008: INOXCVA set up a third manufacturing facility in Kandla, Gujarat, India.[9]
- 2012: INOXCVA established a subsidiary in the United States, INOXCVA Cryogenic Solutions Inc., to expand its presence in the North American market.[9]
- 2014: INOXCVA set up a joint venture with France-based Cryolor to manufacture and market cryogenic equipment in India.[9]
- 2016: INOXCVA acquired the cryogenic business of Taylor-Wharton, a US-based manufacturer of cryogenic equipment and systems.[9]
- 2018: INOXCVA acquired the business and assets of Linde India's cryogenic tank manufacturing unit.[9]
- 2023: INOXCVA announced plans to set up a new manufacturing facility in the state of Vadodara, India, to cater to the growing demand for cryogenic solutions in the region.[10][11][12][13][14][15]
See also[edit]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 "2021–22 Standalone & Consolidated financials". INOX India Pvt. Ltd. 1 January 2023. Retrieved 2023-04-02.
- ↑ TCS. "INOXCVA Q2FY22". Retrieved 9 November 2022.
- ↑ "INOXCVA – Cryogenic solutions company in India". INOX India Pvt. Ltd. Retrieved 2023-04-02.
- ↑ "INOXCVA – Cryogenic solutions company in India". INOX India Pvt. Ltd. Retrieved 2023-04-02.
- ↑ "Manufacturing Units-INOXCVA". INOX India Pvt. Ltd. Retrieved 2023-04-02.
- ↑ "INOXCVA". INOX India Pvt. Ltd. Retrieved 2023-04-02.
- ↑ 7.0 7.1 "Manufacturing Units-INOXCVA". INOX India Pvt. Ltd. Retrieved 2023-04-02.
- ↑ "Our History | Chart Industries". chartindustriesv12.azurewebsites.net. Retrieved 2023-04-02.
- ↑ 9.0 9.1 9.2 9.3 9.4 9.5 "INOXCVA Milestones". INOX India Pvt. Ltd. Retrieved 2023-04-02.
- ↑ "Cryogenic tank manufacturing facility: InoxCVA to invest 200cr". The Times of India. 22 February 2023. ISSN 0971-8257. Retrieved 2023-04-02.
- ↑ Standard, Business (30 March 2023). "InoxCVA to set up cryogenic tank facility in Vadodara for Rs 200 crore". www.business-standard.com. Retrieved 2023-04-02.
- ↑ "InoxCVA to set up cryogenic tank facility in Vadodara for Rs 200 crore". Moneycontrol. Retrieved 2023-04-02.
- ↑ Bureau, BL Ahmedabad (21 February 2023). "INOXCVA to set up cryogenic tank facility at Vadodara". www.thehindubusinessline.com. Retrieved 2023-04-02.
- ↑ "cryogenic: INOXCVA begins construction of Rs 200 crore cryogenic equipment manufacturing facility – The Economic Times". m.economictimes.com. Retrieved 2023-04-02.
- ↑ "INOXCVA starts building India's largest cryogenic equipment facility in Vadodara". DeshGujarat. 1 April 2023. Retrieved 2023-04-02.
External links[edit]
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