How the $10-billion clean air drive is set to boost Indian pipe makers

Steel pipe makers are set to become beneficiaries of India’s $10 billion push to expand its natural gas network to more of its urban masses and cut pollution.

India has just completed its biggest city gas distribution auction that would extend coverage to more than half of its 1.3 billion people across a third of the nation’s area. This project aims to see 10 million homes linked to gas grids by 2020 and bring relief to smog filled cities.

“There will be a lot of requirement for steel pipelines coming in from next year,” said E.S. Ranganathan, managing director of Indraprastha Gas