Linde, the leading Industrial Gas manufacturer in India, plans to channel a substantial investment of USD 1 billion in the upcoming years

Linde Plc, a renowned global industrial gas company, is gearing up to experience a significant increase in both conventional and new segments within India. With the aim of expanding their share in the Indian gas business from 3 percent to 5 percent within five years, they have outlined a plan to invest a whopping USD 1 billion in India over the next three to five years. This investment will be primarily directed toward advancing the engineering sector, which is a critical aspect of their growth strategy. Linde's technical capabilities provide them with a competitive advantage over their rivals.

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The Indian government has identified Linde as a key player in their efforts to promote development and innovation. Linde's advanced technology will help scale up innovation in India, particularly in the production of green hydrogen using PEM electrolysis. However, producing reliable, cost-effective, and scalable green hydrogen will require a period of five to seven years.

In addition, Linde's CEO has mentioned the generous incentives provided by the US government, which have built significant momentum in the US market for both blue and green hydrogen investments. Linde is currently working on 200 projects worldwide and plans to invest USD 50 billion in clean energy over the next ten years.

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Linde has ambitious plans for manufacturing liquid hydrogen, which they consider the future. They are already offering hydrogen refuelling for various modes of transportation, including trucks, buses, cars, and ferries in Scandinavia, and they are running 14 trains on hydrogen in Germany.

According to Procurement Resource, Linde, being a major industrial gas manufacturer, has outlined plans to invest USD 1 billion in India, with the Indian government's incorporation. The majority of their investment will be focused on developing technologies for green hydrogen production, with a specific focus on advancing the engineering sector. Currently, they are working on PEM electrolysis to manufacture an electrolyser for efficient green hydrogen production.