New Delhi, Feb. 20 -- The Inox Group is gearing up to leverage major opportunities in the semiconductor and liquified natural gas (LNG) industries, which are poised for rapid growth in India, promoter Sidharth Jain said.

Group company Inox Air Products is positioning itself to supply gas to semiconductor manufacturers, while for Inox India, a listed company, the potential lies in building gas-related infrastructure for semiconductor fabs and LNG storage facilities.

Semiconductor manufacturing requires as many as 46 gases, Jain said in an interview. Only six of them are made in India, highlighting a "significant gap" in domestic supply, he said.

"If semiconductor manufacturing takes off in the country, we will need to develop the capabi...