West Asia Crisis: Government Discusses Ways to Scale up Production of Induction Heater

West Asia crisis: Government discusses ways to scale up production of induction heater

Government discusses boosting induction heater production amid rising demand due to West Asia crisis and cooking gas supply concerns.

Govt Moves to Boost Induction Heater Production Amid West Asia Tensions

Get latest articles and stories on Business at LatestLY. With energy prices climbing sharply amid escalating hostilities in West Asia, the Central Government has begun mobilising domestic industrial capacity to ramp up production of induction heaters, a key alternative to conventional gas-based cooking and heating appliances. Business News | Govt Moves to Boost Induction Heater Production Amid West Asia Tensions.

Govt moves to boost Induction Heater production amid West Asia tensions - The Tribune

With energy prices climbing sharply amid escalating hostilities in West Asia, the Central Government has begun mobilising domestic industrial capacity to ramp up production of induction heaters, a key alternative to conventional gas-based cooking and heating appliances.

West Asia crisis: Govt discusses ways to scale up production of induction heater

The government is discussing ways to increase the production of induction heaters and their matching utensils. This comes as demand surges due to worries about cooking gas supplies. The West Asia crisis has disrupted oil and gas shipments. This has led people to buy induction cooktops rapidly. The government is also providing relief on petrochemical imports.

Govt Discusses Ways to Encourage Production of Induction Equipment

The meeting, chaired by Commerce and Industry Minister Piyush Goyal, was attended by senior officials, including the Power Secretary, DGFT, and DPIIT Secretary.

West Asia crisis: Why Govt plans to scale up production of induction heater

New Delhi: Amid the rising concerns over LPG availability following the West Asia crisis, an official informed that the government held discussions on measures to encourage companies to increase production of induction heaters and compatible utensils. Of late, the consumption of induction cooktops and other appliances required for cooking have increased manifold amid the LPG supply constraints. The US-Iran war has severely impacted the movement …