Linde commits $1 billion investment in India over 3-5 years

05 Jul 2023 CW Team

Linde, a global industrial gases and engineering company, has announced plans to invest $1 billion in India over the next 3-5 years. Currently, Linde's gases business in India holds a modest 3% market share, and the company aims to increase this to 5% within the five-year timeframe. The investment will primarily be executed by Linde's project engineering group, leveraging their strong technical capabilities.

Regarding Linde's role in India's green hydrogen economy, the company expresses satisfaction with the government's incentives, as they are expected to drive activity and foster innovation and technological advancements. Linde envisions leading developments in this space and anticipates sharing more details in the coming days. While the focus in India currently revolves around green hydrogen or electrolysis hydrogen, Linde disagrees with the view that green hydrogen can be obtained for $1 per kilogram.

Drawing from their experience in the industry, Linde explains that electrolysis technology is relatively crude, requiring significant power input (54 kW) to generate one kilogram of hydrogen. Process optimisation offers limited scope, and the primary avenue for improvement lies in scaling up the size of the electrolyser. Consequently, the cost of green hydrogen remains high. Linde acknowledges their ongoing work in proton exchange membrane (PEM) electrolysis and other electrolysis technologies but foresees a technology roadmap that will take at least five to seven years to achieve scalable, cost-effective, safe, and reliable green hydrogen solutions.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..