Archive · 27 Nov 2025
Praxair India to invest ₹210 crore in Karnataka
Praxair India, a company that makes industrial gases, has promised to invest ₹210 crore in Karnataka over the next three years.
They will build factories to make liquid oxygen and nitrogen.
The state government will help them by giving them land and making it easier to get permissions.
The minister from Karnataka also talked to other companies like Helix Geospace and Oxford Space Systems about doing business in Karnataka.
They even discussed the idea of creating a 'UK Tech Park' in Karnataka with India's ambassador to the UK.
Praxair India to invest ₹210 crore in Karnataka over three years.
Investment will establish liquid oxygen and nitrogen production units.
Karnataka government to provide priority support, including land allocation and clearances.
Minister MB Patil discussed industrial collaboration with Helix Geospace and Oxford Space Systems during a UK visit.
Explored opportunities to establish a 'UK Tech Park' in KWIN City.
- Who
- Praxair India, Karnataka State Government, MB Patil, Helix Geospace, Oxford Space Systems, Vikram Doraiswami
- What
- Praxair India to invest ₹210 crore in liquid oxygen and nitrogen production units in Karnataka
- When
- Current financial year, over the next three years
- Where
- Karnataka, UK (for discussions)
- Why
- To establish manufacturing units and explore industrial collaboration
- Investment Amount
- ₹210 crore
- Investment Period
- 3 years
- Location
- Karnataka
- Products
- Liquid oxygen and nitrogen
- Government Support
- Land allocation, single-window clearances, infrastructure facilitation
- Start Date
- Current financial year
- Minister Involved
- MB Patil
- Other Companies Discussed
- Helix Geospace, Oxford Space Systems