Acquisition of a large-scale gas plant at Tata Steel Limited, Jamshedpur, India "Strengthening the liquefied gas supply system in Eastern and Northern India through the expansion of onsite businesses with the steel industry"

Tata Steel is one of the largest steel manufacturers in India and a core company of the Tata Group, the country’s largest conglomerate, which plays a vital role in supporting the development of the Indian economy. Air Water India currently owns three onsite gas plants at Tata Steel’s Jamshedpur plant, supplying gases continuously for six years since 2019. Through the operation of these gas plants, we have built a strong relationship of trust with Tata Steel. This has been achieved not only by sharing the experience and knowledge of our Japanese expatriates with the Air Water India Team at site but also through remote operation support from Air Water Gas Products in Japan, thereby leveraging the plant operation and maintenance expertise that our Group has cultivated domestically over many years. In addition, our sales capabilities and strong presence as an industrial gas manufacturer in the Indian market have been highly valued by Tata Steel and have led to the awarding of this project as the fourth onsite gas plant for Tata Steel’s Jamshedpur plant. Going forward, Air Water Group will continue to leverage its comprehensive capabilities to further enhance safe and stable operations, while expanding and strengthening its gas production and distribution infrastructure in India.

Plant Name: Air Water India Onsite Fourth Plant, Jamshedpur
Location: Jamshedpur, Jharkhand (adjacent to Tata Steel’s Jamshedpur Steel Works )
Products: Oxygen gas, Nitrogen gas, Argon gas, Liquid Oxygen, Liquid Nitrogen, Liquid Argon
Oxygen Production Capacity: approx. 1,800 tons/day (approx. 52,500 Nm³/h)
Scheduled Start of Operation: November 2025

Air Water India has positioned “new acquisition of onsite gas supply contracts from steel manufacturers” and “building a gas supply chain network through the expansion of operational bases” as its core strategies, thereby steadily expanding its business in line with the growth of the Indian market.

Under the Government of India’s “Make in India, make for the World” slogan, strengthening domestic production capacity and supply chain infrastructure has been identified as a national priority. In August 2025, during the summit meeting between Prime Minister Ishiba of Japan and Prime Minister Modi of India, the two leaders reached an agreement on the “Economic Security Cooperation Initiative,” with a focus on key areas such as semiconductors and mineral resources, reaffirming both governments’ commitment to promoting collaboration and investment between Japanese and Indian companies.

In the Steel sector, the Indian Government has set a goal to increase crude steel production from approximately 150 million tons per year to 500 million tons by 2034. As major steel manufacturers actively pursue capacity expansion investments, demand for gases in the steel industry is rapidly increasing. In Eastern India, the country’s largest cluster of steel manufacturers’, demand for industrial gases is growing and the same trend can be also noticed from heavy industries and infrastructure, while in northern India, the demand is expanding particularly in the automotive sector.
At the same time, India is rapidly advancing initiatives under government leadership to establish itself as a future hub for semiconductor manufacturing and design. Across the country, including in Assam (north-east India), new semiconductors and electronics industries are emerging. Semiconductor manufacturing requires large volumes of industrial gases - particularly nitrogen, which previously had relatively limited demand—thereby increasing the importance of establishing a robust domestic gas supply infrastructure.

Against this backdrop, this project holds great significance as it contributes to core industries such as steel, through onsite gas supply, and future key industries such as semiconductors, through the sale of liquefied gases. Through its industrial gas business, Air Water will continue to respond to the growing momentum of Japan-India economic cooperation and continue to contribute to the India growth story.
 

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