India

Indian corporates, startups, and VCs are looking out for the charter flights and import of the oxygen cylinder

Currently, India is battling with the major second wave of Covid-19. As well as the country is also facing an alarming oxygen supply crisis. Now, most of the hospitals are sending out SOS messages on the social media platform in order to avail more oxygen supply. As the situations are turning worse and worse, the doctors are breaking down.

Moreover, the government is facilitating oxygen transport through the air, rail, and the road which will bring the supply the oxygen to cities across India. Moreover, an acute shortage of oxygen concentrators and cylinders. Now, Apollo Hospital’s joint managing director Dr. Sangita Reddy is now repeatedly stressed as India is even facing a shortage of Oxygen. However, there is a lack of an adequate number of tanks and cylinders.

In such a scenario, this lending a helping hand that is India’s corporates. However, the earlier Asia’s richest man Mukesh Ambani has opened up his Jamnagar plant for the supply of oxygen to Maharashtra which remained the worst-hit state in the country. Notably, he was joined by industrialists like Ratan Tata of the Tata Group and Naveen Jindal of Jindal Steel and Power that are facilitating the supply of oxygen from their steel plants.

Currently, startups, corporations as well as investors are now observing the importing oxygen cylinders and concentrators into India.

Moreover, the Indian Conglomerate ITC has also announced now which would airfreight oxygen cryogenic containers for helping and easing the crisis. On Saturday, the company mentioned in a statement, “ITC Limited has tied up with Linde India Ltd. to airfreight 24 cryogenic ISO containers of 20 tons each from Asian countries for use by them to transport medical oxygen across the country.”

Well-known and renowned e-commerce giant, Amazon has made an announcement that soon it will be bringing in 10,000 oxygen concentrators and BiPAP machines into India. Even it has partnered with the likes of ACT Grants, Temasek Foundation, Pune Platform for COVID-19 Response (PPCR) for importing the supplies from Singapore.

Currently, startups yet aren’t far behind. Now, the Logistics unicorn Delhivery’s chief executive officer Sahil Barua mentioned on Linkedin Today that they are now ‘flying charters into India with oxygen concentrators and other essential supplies and can build more capacity-on-demand.’ Even Barua has already helped out people with the oxygen concentrators on their demand.

Currently, the publicly listed online aggregator EaseMyTrip has confirmed the founder of the firm is now allocating resources for easy import of the oxygen concentrators into India. The chief operating officer and co-founder of the company, Rikant Pitti wrote, “After 4 days of extensive research and audit, we were able to find legit suppliers to import 150 pieces of oxygen concentrators.”

Well, the top Indian venture capitalist Shailendra Singh of Sequoia Capital mentioned in a tweet that they are now looking out for effective ways to import oxygen concentrators. In the meantime, the French gas giant Air Liquide SA currently announced that the diverting its oxygen supply from India’s Industrial sector to that of the hospitals in the country.

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