IGL’s Manufacturing of Domestic Gas Meters to Drive Demand for Polycarbonate

IGL has a monopoly over CGD infrastructure in Delhi NCR and as of January 2020, a total of 534 CNG stations are operational in Delhi. Similarly, PNG connections for both industrial and household sectors have been assessed at 13.2 lakhs. MoPNG has estimated 4 crore new PNG connections in the next 5 years. As demand for natural gas as a fuel is poised to increase manifolds in the years to come, IGL’s foray into manufacturing of gas meters would address the domestic demand in rapidly expanding city gas networks across the region. This backward integration strategy from the company with an estimated investment worth INR 1 Billion, would promote ‘Make in India’ initiative and help it to stay afloat even after the company loses its monopoly in the region. Growth in such ancillary industries would drive the polymers demand in the country such as that of polycarbonate.

Visit: IGL’s Domestic Gas Meters