The Hindu : Business : Embrace technological advancements, Governor tells gas manufacturers

Online edition of India's National Newspaper
Saturday, Feb 03, 2007
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Business

Business

Embrace technological advancements, Governor tells gas manufacturers

Staff Reporter

`The sector has to upgrade the manufacturing potential and improve quality'

KOCHI: Governor R.L. Bhatia has called on the industrial gas sector to update itself with the latest technological advancements.

He was inaugurating the 29th national seminar on industrial gases, organised by the All India Industrial Gases Manufacturers' Association, here on Friday.

He said that the industrial gas sector was poised for a vibrant period thanks to the policy of liberalisation and steady growth of steel and other metallurgical industries. The sector had to streamline its activities to upgrade the manufacturing potential and improve the quality of products. It should also consider ways of better utilisation and maintenance of maximum safety, he said.

Siddharth Patel, president of the association, said the industrial gas market was growing at a rapid pace.

The expected growth rate was 20-25 per cent in the next few years. India was the 18th largest industrial gas market in the world and was expected to be among the top five by 2020. The growth of steel and pharma market as well as the emerging applications in glass, oil, electronics, fibre optics and food preservation would contribute to the growth of the industrial gas sector, he said. The two-day seminar aims at creating a common platform for entrepreneurs, technocrats and policy makers. The theme of the seminar is `safety and customer service enhance productivity'. The association was established in 1975.

Its members include manufacturers of industrial gases as well as allied equipment manufacturers and foreign companies connected with the industrial gas industry in India.

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