It's Safety First for Gas Suppliers at Semicon Inc
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Suppliers to India's semiconductor industry want a new regulatory framework for handling toxic industrial gases.
- ✓Companies like Linde and Merck need clear rules from the Petroleum and Explosives Safety Organisation to ensure safety.
- ✓"Regulatory bodies need to come up with an updated framework," a top executive said about the risks.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Suppliers to India's semiconductor manufacturing industry have sought a regulatory framework for handling of industrial gases, most of which are toxic and inflammable. The move is seen building investor trust by helping the fledgling chip ecosystem mature.
Suppliers want detailed guidelines from the Petroleum and Explosives Safety Organisation (PESO), without which they believe commercial hubs face heightened risk of leaks, fires and process disruption.
This is particularly relevant as manufacturing ecosystem investments at the upcoming Tata fab in Dholera are scaling. Global suppliers such as Linde, Air Liquide and Inox Air Products are preparing infrastructure to service the fab. Additionally, companies such as Merck have signed a partnership with Tata Electronics to provide its full suite of products and services, including advanced gas and chemical delivery systems.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Economic Times
Read the full, original unfiltered story directly on the publisher's portal.