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ITC ties up with Linde India to import cryogenic containers to transport oxygen

26 Apr 2021 Evaluate

ITC has tied up with Linde India to import 24 cryogenic containers to transport medical oxygen. It is airlifting large numbers of oxygen concentrators for distribution, while its paperboards unit in Bhadrachalam has started supply of oxygen to neighbouring areas. The initiative is aimed at easing the bottleneck of transporting medical oxygen, and to support the government's efforts.

Many hospitals in different parts of the country are facing an acute shortage of oxygen as the devastating second wave of the pandemic sweeps across India.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 261.00
Godfrey Phillips Ind 1927.30
VST Industries 203.80
Indian Wood Products 34.94
NTC Industries 135.00
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