Praxair plans to invest 2,200 Cr in its Indian Operations

Bangalore: Praxair plans to invest about Rs 2,200 crore into its India operations.

The new investments will largely go into setting up on-site plants as well as into the logistic operations of the company.

Praxair has come up with new models for its customers and investments. It sets up its own plant on-site with its own investment, but the customers have to just pay for buying gas and not for the infrastructure.

The company plans to become part of their utilities and have a contract for 15-16 years.