Inox Air Products to Invest ₹1,260 Crore in Semiconductor Gas Plant at Guna, Madhya Pradesh

Inox Air Products, a joint venture between Inox Ltd and Air Products, disclosed plans to pour ₹1,260 crore into a new semiconductor gas plant in Guna, Madhya Pradesh. The project will focus on producing high‑purity gases required for semiconductor fabrication, a critical input for chip manufacturing.
The investment is expected to strengthen India's domestic semiconductor supply chain, reducing reliance on imports and supporting the government's push for a self‑reliant electronics ecosystem. Industry analysts anticipate that the plant could generate significant downstream demand for chip makers operating in the country.
While exact timelines have not been disclosed, the facility is projected to create a range of skilled jobs and stimulate ancillary industries in the region, contributing to economic growth in central India.